Servotech Power Systems Q2: Net Profit Drops, New Rooftop Solar Project Worth ₹74 Cr

Servotech Renewable Power Systems shares surged over 9% during Thursday’s trading session, despite hitting a 52-week low of ₹83.26. The company has been navigating a challenging market environment, reflected in its Q2 FY26 financial results.

The electric vehicle and renewable energy-focused firm reported a net profit of ₹1.33 crore for the quarter ended September 2025, marking an 88.24% decline from ₹11.31 crore in the same period last year.

Market Performance and Key Highlights

• Net Profit (Q2 FY26): ₹1.33 crore, down 88.24% YoY
• Sales/Revenue from operations: ₹106.49 crore, down 46.67% from ₹199.67 crore last year
• 52-week low: ₹83.26
• Intraday high on Thursday: ₹92.01
• Weekly trend: Stock fell 5.54% over the last week, down 29.92% in three months, and 51.09% over the past year

The stock’s recent movement indicates volatility, yet it shows that investors are keeping a close eye on the company’s strategic initiatives in renewable energy and electric vehicle infrastructure.

Company Details

Servotech’s Q2 results reflect a period of operational challenges but also underscore its long-term strategic focus:

• Rooftop Solar Initiative: The company secured a ₹74 crore project under the PM Surya Ghar: Muft Bijli Yojana.
• Project Scope: Execution will follow a utility-led aggregation model, including five years of operation and maintenance (O&M).
• Strategic Focus: Servotech remains committed to expanding its presence in India’s renewable energy and EV infrastructure sectors while enhancing operational efficiencies.

This rooftop solar project represents a significant step in Servotech’s efforts to participate in government-led renewable energy initiatives, aligning with the growing demand for sustainable energy solutions.

Summary of Q2 FY26 Performance

Servotech Renewable Power Systems’ Q2 numbers highlight the challenging financial environment, yet point to ongoing strategic initiatives:

• Net profit: ₹1.33 crore (down 88.24% YoY)
• Revenue from operations: ₹106.49 crore (down 46.67% YoY)
• New rooftop solar project: ₹74 crore under PM Surya Ghar scheme
• Stock performance: Surged over 9% despite hitting a 52-week low

The combination of strategic projects and focus on renewable energy infrastructure demonstrates Servotech’s commitment to long-term growth, even amid short-term financial pressures.