Servotech Power Systems Ltd's Q3FY25 Quarterly Results

Result Summary

• Servotech Power Systems Ltd reported a 8.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 315.3%.
• Its expenses for the quarter were up by 10.4% QoQ and 305.2% YoY.
• The net profit decreased 29.0% QoQ and increased 619.8% YoY.
• The earnings per share (EPS) of Servotech Power Systems Ltd stood at 0.4 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Servotech Power Systems Ltd is a company engaged in the power solutions industry, focused on providing innovative and sustainable energy solutions. The company manufactures a range of products including LED lighting, solar products, and electric vehicle (EV) chargers, among others. Servotech aims to contribute to the green energy movement through its diverse product offering. Recent developments within the company or its market include ongoing advancements in renewable energy technologies and the increasing demand for energy-efficient solutions. However, specific recent developments related to Servotech Power Systems Ltd are not available.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Servotech Power Systems Ltd reported a total income of ₹216.83 crores. This marks an 8.4% increase from the previous quarter (Q2FY25), where total income was ₹200.07 crores. When compared to the same quarter in the previous year (Q3FY24), where total income stood at ₹52.21 crores, there was a significant year-over-year increase of 315.3%. The substantial growth in total income from the previous year reflects the company's expanding operations or potentially increased demand for its products.

Profitability

For Q3FY25, the company recorded a profit before tax of ₹12.82 crores, which is a decrease of 16.4% compared to ₹15.33 crores in Q2FY25. However, there was a notable increase of 589.2% compared to the profit before tax of ₹1.86 crores in Q3FY24. The tax expense for Q3FY25 was ₹4.84 crores, up by 18.3% from the previous quarter and 554.1% year-over-year. Profit after tax (PAT) stood at ₹7.99 crores, representing a decrease of 29.0% from the previous quarter's PAT of ₹11.25 crores, but a significant increase of 619.8% from the PAT of ₹1.11 crores in the same quarter last year. Earnings per share (EPS) for the quarter was ₹0.40, compared to ₹0.50 in the previous quarter and ₹0.10 in Q3FY24, indicating a YoY growth of 300.0%.

Operating Metrics

During Q3FY25, Servotech Power Systems Ltd reported total expenses amounting to ₹204.00 crores, reflecting a 10.4% increase from the previous quarter's expenses of ₹184.75 crores. Compared to Q3FY24, expenses increased by 305.2% from ₹50.35 crores. The higher expense growth rate compared to revenue growth may have impacted the quarterly profitability. The company's operational scale-up over the year is evident from these figures, although the increased expenses have led to a decrease in profit margins on a QoQ basis. The financial data highlights the company's substantial operational growth and increased expenditures associated with that expansion over the year.