This fall Outcomes: This renewable power firm’s internet revenue doubles in March quarter – Particulars

The corporate’s revenues elevated 8 per cent to Rs 147.46 crore within the fourth quarter from Rs 136.65 crore in the identical interval final fiscal.
Servotech Renewable Energy System has introduced its monetary outcomes for the fourth quarter of the FY25. In accordance with the data shared, the corporate’s consolidated internet revenue rose 127.11 per cent to Rs 7.79 crore within the March quarter, pushed by increased revenues. It was Rs 3.43 crore in the identical quarter a yr in the past.
The corporate’s revenues elevated 8 per cent to Rs 147.46 crore within the fourth quarter from Rs 136.65 crore in the identical interval final fiscal.
For all the FY25, whole income elevated by 91 per cent to Rs 676.80 crore from Rs 355.26 crore in FY24. The corporate’s income from operations elevated 7.42 per cent to Rs 146.28 crore within the quarter below overview as towards Rs 136.17 crore within the March quarter an yr in the past.
Raman Bhatia, Managing Director, Servotech Renewable Energy System mentioned, “Now we have recorded strong progress, underpinned by our efforts to strengthen India’s EV charging infrastructure and increase entry to wash photo voltaic power.
These outcomes reinforce our place as a frontrunner within the inexperienced power transition and replicate the rising belief in our imaginative and prescient and capabilities.”
The corporate goals to ramp up home manufacturing, scaling up improvements and taking the Made in India options to worldwide markets, he mentioned.
Servotech Renewable Energy Methods on Monday introduced the appointment of entrepreneur and international enterprise strategist Errol Musk–father of billionaire Elon Musk, who owns Tesla, SpaceX, and the microblogging platform X — to its International Advisory Board.
As a part of his engagement, Musk will take part in a tour of Servotech’s manufacturing amenities in India. He’ll interact with key authorities and investor teams by way of curated roundtable classes.
Servotech Renewable Energy System Ltd is an NSE-listed firm that develops tech-enabled EV charging options.
With PTI inputs