Servotech reports strong Q3 earnings driven by EV focus
after close1 source ↓written by the desknot a recommendation
- to ₹20
- 11.29% revenue increase
Servotech Renewable Power System reported a 11.29% revenue increase to ₹20,239 lacs in Q3 FY26. EBITDA surged 59.14% to ₹2,702.23 lacs, while PAT rose 54.80% to ₹1,470.46 lacs, driven by operational efficiencies. This growth reflects the company's strategic pivot towards the electric vehicle market, enhancing its market position.
Not investment advice. For informational purposes only.