Servotech Renewable Announces Q2 FY27 Financial Results; Consolidated Total Revenue Up 56.82%, Gross Profit Up 84.54%

New Delhi : 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.”

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