Servotech Power Systems Delivers Strong Q1 Performance with 28% Revenue Growth and 59% Profit Surge on Clean Tech Momentum – EQ
In Short : Servotech Power Systems reported a 28% year-on-year rise in revenue to ₹125 crore and a 59% jump in net profit to ₹7.5 crore. The strong performance was driven by increased demand for EV chargers, solar solutions, and power products. The company’s strategic focus on clean energy technologies continues to fuel growth and strengthen its market position.
In Detail : Servotech Power Systems has announced impressive financial results for the first quarter, showcasing strong growth across key performance indicators. The company’s revenue rose by 28% year-on-year, reaching ₹125 crore, signaling robust demand and expanding operations.
The net profit also saw a sharp jump of 59%, touching ₹7.5 crore. This growth reflects improved operational efficiency, better margins, and strategic product positioning in the clean energy space.
Servotech attributed its strong quarterly performance to the rising adoption of electric vehicles and the growing demand for EV charging infrastructure across India. The company has been a key supplier of EV chargers, which now form a significant part of its portfolio.
Solar energy solutions also contributed meaningfully to the revenue increase. Servotech has expanded its presence in the solar segment through both residential and commercial-scale projects, leveraging policy support and customer awareness.
The company’s diversified portfolio, including power backup products and smart energy solutions, continued to gain traction in both urban and semi-urban markets. Its focus on innovation and R\&D has helped differentiate its offerings from competitors.
Servotech’s leadership stated that the growth trajectory aligns with its long-term vision of becoming a key player in India’s clean tech revolution. They highlighted that demand for sustainable energy solutions remains strong and is expected to grow further.
Strategic investments in manufacturing capacity and partnerships have also begun yielding results. The company remains committed to expanding its footprint in the EV and solar ecosystems.
Future plans include scaling up production, exploring export opportunities, and investing in advanced technologies to maintain its competitive edge in the energy solutions market.
Servotech’s strong financials this quarter reaffirm its position as a fast-growing, innovation-driven company in the renewable energy and power solutions space. The management remains optimistic about sustained momentum in the upcoming quarters.
