NSEPress Release1d ago · 3 Nov 2026, 08:46 pm

Press Release

Servotech Renewable Power System Limited · SERVOTECH

✦ AI Summary▲ PositiveResults

Servotech Renewable Power System Limited has announced its unaudited financial results for the second quarter (Q2) ended September 30, 2026, with consolidated total revenue up 56.82% and gross profit up 84.54%.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
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Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10

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Full Announcement

Servotech Renewable Power System Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "Announcement of Un-audited Standalone and Consolidated Financial Results for Second Quarter (Q2) ended 30th September, 2026.".

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3rd November, 2026 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot no. C/1 G Block, Bandra- Kurla Complex, Bandra (E) Mumbai – 400051 Trading Symbol: SERVOTECH Sub.: Press Release – Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Dear Sir/Madam, With reference to the captioned subject, we are enclosing herewith a Press Release with respect to Announcement of Un-audited Standalone and Consolidated Financial Results for Second Quarter (Q2) ended 30th September, 2026. Please consider the aforesaid as relevant disclosure required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the above information on record and oblige. Thanking You, FOR SERVOTECH RENEWABLE POWER SYSTEM LIMITED (Formerly known as Servotech Power Systems Limited) RUPINDER KAUR COMPANY SECRETARY AND COMPLIANCE OFFICER ICSI MEM NO. - A38697 IMMEDIATE PRESS RELEASE Servotech Renewable Announces Q2 FY27 Financial Results; Consolidated Total Revenue Up 56.82%, Gross Profit Up 84.54% New Delhi, 3rd November 2026: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), a leading manufacturer of solar solutions, BESS, and EV charging solutions, today announced its unaudited financial results for the quarter and half year ended September 30, 2026, which were approved by the Board of Directors at its meeting held on 3rd November 2026. Q2 FY2026-27 Financial Overview Standalone Total Revenue stood at ₹15,882.34 lakh in Q2 FY27, witnessing a growth of 54.31% from ₹10,292.63 lakh in Q2 FY26. Gross Profit increased by 61.42%, rising to ₹3,632.99 lakh in Q2 FY27 from ₹2,250.62 lakh in Q2 FY26. EBITDA surged by 105.07%, standing at ₹1,997.72 lakh in Q2 FY27 compared to ₹974.18 lakh in Q2 FY26. Profit Before Tax grew by 251.23% to ₹1,090.35 lakh in Q2 FY27 from ₹310.45 lakh in Q2 FY26. Profit After Tax stood at ₹837.33 lakh in Q2 FY27, witnessing a growth of 268.51% from ₹227.23 lakh in Q2 FY26. Consolidated Total Revenue grew by 56.82%, standing at ₹16,882.76 lakh in Q2 FY27 from ₹10,765.69 lakh in Q2 FY26. Gross Profit witnessed a growth of 84.54%, standing at ₹4,359.83 lakh in Q2 FY27 from ₹2,362.55 lakh in Q2 FY26. EBITDA stood at ₹2,360.34 lakh in Q2 FY27, growing by 216.97% from ₹744.66 lakh in Q2 FY26. Profit Before Tax grew by 2273.18%, standing at ₹1,256.12 lakh in Q2 FY27 from ₹52.93 lakh in Q2 FY26. Profit After Tax (after share of profit of associates) stood at ₹974.65 lakh in Q2 FY27, registering a growth of 2366.21% over ₹39.51 lakh in Q2 FY26. Speaking of the results, Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., said, "This quarter has been about growth, exploring new opportunities, and taking meaningful steps forward in our journey. We are pleased with the positive momentum the company is witnessing, both in terms of business performance and the opportunities emerging across our key business segments. We have continued to strengthen our portfolio with the introduction of new products and solutions, while advancing our focus on innovation, technology and manufacturing capabilities. These developments reflect our commitment to staying ahead of evolving market requirements and creating solutions that deliver greater value to our customers. I am particularly encouraged by the opportunities ahead and the progress we are making as an organisation. With several new developments in the pipeline and more exciting product launches and initiatives to come, we are looking forward to building on this momentum. We remain confident in our growth trajectory and committed to creating sustainable, long-term value for our customers, partners and shareholders." - - Press Release Ends - - About Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.): Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an NSE-listed organization that develops tech-enabled EV charging and renewable energy solutions, leveraging over two decades of experience and expertise in the electronics space. The Company offers an integrated portfolio across AC & DC EV chargers, solar inverters (Hybrid and GTI models), Battery Energy Storage Systems (BESS), and lithium-ion battery packs, serving multiple applications across commercial and domestic segments. With its comprehensive engineering capabilities, Servotech plays a pivotal role in developing India's renewable energy and EV technology infrastructure. As a trusted brand with a strong pan-India presence, the Company's legacy is marked by proven innovations and the development of advanced technologies. For more information, please visit https://servotech.in/ PR & Corporate Communications Prabhutva Tiwari | pr@servotechindia.com | +91 8318873166 Disclaimer: This press release contains “forward-looking statements” — that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of the renewable energy, electronics, and EV infrastructure industries; from the integration and performance of our subsidiaries and joint ventures; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive, or regulatory nature. These uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.