Servotech Renewable Power System Posts 75 Percent Profit Surge and 58 Percent Revenue Rise

Servotech Renewable Power System reports its first‑quarter financial results, showing profit after tax (PAT) climbed 75 percent compared with the same quarter last year. The company attributes the jump to higher sales of solar and wind installations.

Revenue rose 58 percent year‑over‑year, reaching a total that reflects strong demand for renewable energy projects across India’s industrial and utility sectors. The increase helped the firm expand its manufacturing capacity for solar inverters and battery storage units.

Management said the Q1 performance positions Servotech to meet its target of adding 1 gigawatt of new renewable capacity by the end of the fiscal year, a goal supported by recent government incentives for clean power.

Analysts note that the sharp profit growth, combined with robust revenue, suggests the company is benefiting from India’s accelerated renewable‑energy rollout and could see continued earnings expansion if policy support remains stable.