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.

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As part of this expansion, Servotech unveiled SULTAN, a lithium-ion battery engineered specifically for electric three-wheelers, along with Zest, a dedicated battery charger designed to enhance charging efficiency and vehicle uptime for three-wheeler OEMs, Dealers, and Distributors. The company also introduced Voltie, its 2 kW on-grid solar inverter engineered for residential and small-scale commercial use, further strengthening its renewable energy offerings.

India’s electric three-wheeler segment has emerged as one of the fastest-growing categories within electric mobility, supported by urbanisation, rising last-mile delivery needs, and policy incentives. Servotech’s entry reflects its intent to build a focused presence in micro-mobility by leveraging its experience in energy systems and power electronics.

With the launch of SULTAN and Zest, Servotech aims to deliver an integrated energy solution for electric three-wheelers, addressing durability, charging reliability, and operational efficiency. The SULTAN lithium-ion battery is available in two models, 51.2V/105Ah and 64V/105Ah, developed for E-Rickshaws, E-Autos, and E-Cargos, uses LFP chemistry to offer a lighter form factor and improved payload capacity, while Zest is a purpose-built charger designed to reduce charging time and enhance battery protection.

While the focus remains on micro-mobility, the launch of Voltie, their newly launched on-grid solar inverter, underscores Servotech’s continued commitment to solar and renewable energy. Designed for seamless grid integration, Voltie strengthens the company’s vision of offering end-to-end clean energy solutions across mobility and residential segments.

Commenting on the development, Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., said, “Our entry into the electric three-wheeler segment is a natural progression of Servotech’s journey in clean energy. We have built strong leadership in solar and EV charging, and we are now excited to extend that expertise into lithium solutions for micro-mobility. While we’ve started off with two models of 3W Li-ion Batteries and one model of E-3W charger, we’re planning to deepen our roots in the market with more variants and models arriving in the future. The electric three-wheeler market holds immense potential, not just for sustainable transport but for empowering small transport entrepreneurs across India. As we look ahead, our focus remains on innovation, scale, and building reliable energy solutions that support India’s transition to a greener future.”

The post Servotech Renewable expands into E-3W Industry with its 3 Wheeler Lithium-ion Battery & Charger appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.