New Delhi, 30th January 2026: Servotech Renewable Power System Limited (NSE: SERVOTECH), India’s leading manufacturer of solar products and EV Charging solutions has released its Q3FY26 financial results after its Board of Directors meeting on 30th January, 2026 reporting a strong sequential recovery in Q3 driven by improved execution efficiency, margin discipline, and the impact of strategic measures undertaken during Q2 FY26.
Financial Overview
Standalone Q3FY26
- Total Revenue witnessed a growth of 29% in Q3 FY26 of Rs. 20,239 lacs from Rs. 18,185.68 lacs in Q3 FY25.
- EBITDA increased by 14%, standing at Rs.2702.23 lacs in Q3 FY26 from Rs.1698.05 lacs in Q3 FY25.
- Gross Profit rose by 08%, standing at Rs.5721.06 lacs in Q3 FY26, up from Rs.3403.84 lacs in Q3 FY25.
- Profit Before Tax registered a growth of 62%, amounting to Rs.1932.82 lacs in Q3 FY26, as against Rs.1309.35 lacs in Q3 FY25.
- Profit After Tax experienced a substantial rise of 80%, standing at Rs.1470.46 lacs in Q3 FY26, compared to Rs.949.92 lacs in Q3 FY25.
Consolidated Q3FY26
- Total Revenue witnessed a decline of 44% in Q3 FY26 of Rs.21,154.06 lacs from Rs.21,683.19 lacs in Q3 FY25
- EBITDA increased by 19% standing at Rs.2846.93 lacs in Q3 FY26 from Rs.1672.80 lacs in Q3 FY25
- Gross Profit rose by 8%, standing at Rs.6494.80 lacs in Q3 FY26 from Rs.3421.86 lacs in Q3 FY25.
- Profit Before Tax registered a growth of 13%, amounting to Rs.2027.98 lacs in Q3 FY26, compared to Rs.1282.52 lacs in Q3 FY25.
- Profit After Tax experienced a rise of 83%, standing at Rs.1551.50 lacs in Q3 FY26, compared to Rs.918.95 lacs in Q3 FY25.
Commenting upon the results, Raman Bhatia, Managing Director, Servotech Renewable Power System Limited said, “This quarter has marked a strong one for Servotech, where we witnessed strong sequential recovery in Q3FY26. After a challenging previous quarter, this performance represents a decisive turnaround, one that reflects our resilience, course correction, and collective determination for our stakeholders and investors who trusted us along the journey.”
“I am particularly proud of how we’ve responded to the setback and returned stronger, sharper, and more focused. The improvement in profitability was driven by better cost control, favourable product mix, and improved execution efficiency following the strategic reset undertaken in Q2 FY26. This quarter, we focused on simplifying operations and strengthening manufacturing execution, and improving cost discipline. Going forward, we remain focused on disciplined execution and operational efficiency, supported by improved manufacturing throughput, ongoing execution of institutional projects”, he further added.
