9911796707
TMI BlogServotech Renewable Power System net profit grows to Rs 8 cr in Dec qtrX X X X Extracts X X X X X X X X Extracts X X X X ..... Servotech Renewable Power System net profit grows to Rs 8 cr in Dec qtr X X X X Extracts X X X X X X X X Extracts X X X X ..... fold rise in its consolidated net profit to nearly Rs 8 crore in the December quarter, pushed by higher revenues. > It had posted a net profit of Rs 1.11 crore during the October-December period of 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 023-24 financial year, the company said in a regulatory filing. > The company's total revenue rose over four-fold to Rs 216.83 crore from Rs 52.20 crore a year ago. > Expenses too jumped to Rs 204 c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rore against Rs 50.34 crore in the same period of the preceding fiscal. > Servotech Renewable Power System is a leader in tech-enabled EV charging and solar solutions. > In a separate statement, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... company's Managing Director Raman Bhatia said the quarter experienced stellar growth. > "As a market leader in India's EV charging sector, currently holding a 35-40 per cent market share, we are str ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ategically positioned to capture 50-55 per cent by manufacturing 12,000 direct current (DC) fast chargers in FY25, meeting the rapidly surging demand for EV infrastructure," he said. > EV chargers ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e projected to constitute 70-75 per cent of the company's total revenue, with solar products contributing the remaining portion, Bhatia said. PTI ABI ABI SHW X X X X Extracts X X X X X X X X Extracts X X X X
|
