New Delhi, July 21 -- Servotech Renewable Power System, a manufacturer of EV chargers, solar products and power backup solutions, on Tuesday announced its financial results for the quarter ended June (Q1 FY27), reporting a 74.5% year-on-year rise in its consolidated net profit at Rs.7.94 crore, compared with Rs.4.55 crore in the year-ago quarter.

On the top line, the company reported a 57.7% year-on-year increase in consolidated revenue from operations to Rs.216.29 crore. The company had reported revenue of Rs.137.17 crore in the corresponding quarter last year.

During the quarter, solar plants remained the largest contributor to revenue, accounting for 49.7% of the total, followed by solar panels & BOS at 25.8% and solar inverters at 1...