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Servotech Renewable reports over 7-fold jump in Q3 consolidated net profit

22 Jan 2025 Evaluate

Servotech Renewable Power System has reported results for third quarter ended December 31, 2024 (Q3FY25). 

The company has reported over 7-fold jump in its net profit at Rs 8.29 crore for Q3FY25 as compared to Rs 1.09 crore for the same quarter in the previous year. Total income of the company rise by 264.87% at Rs 181.85 crore for Q3FY25 as compared to Rs.49.84 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 7-fold jump in its net profit at Rs 7.89 crore for the quarter ended December 31, 2024 as compared to Rs 1.11 crore for the same quarter in the previous year. Total income of the company rise by 315.38% at Rs 216.83 crore for Q3FY25 as compared to Rs 52.20 crore for the corresponding quarter previous year.


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