Servotech Q1 revenue rises 57.7% as solar products lead growth
Servotech Renewable Power System reported Q1 FY27 consolidated revenue of ₹216.29 crore and net profit of ₹7.94 crore, up 57.7% and 74.5% year on year, respectively. Solar plants accounted for nearly half of revenue, while EV chargers contributed 2.5%.
Servotech Renewable Power System reported Q1 FY27 profit growth of 74.5% and revenue growth of 57.7%, led by solar products. The EV-charger and solar equipment maker also won a Vijayawada railway solar project and signed a ₹400 crore Haryana capacity-expansion MoU.
Why this matters
With no related recent signals provided, the Q1 FY27 update establishes a benchmark for Servotech: solar plants generated nearly half of revenue while EV chargers remained a small contributor.
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