Servotech Power Systems Q1 net profit grows manifold to Rs 4.10 cr

Updated: Jul 21 2023 10:04PM

New Delhi, Jul 21 (PTI) Servotech Power Systems on Friday posted a manifold jump in its consolidated net profit to Rs 4.10 crore in the June quarter, boosted by higher revenues.

It had posted a net profit of Rs 35 lakh in the corresponding period last year, the company said in a BSE filing.

The company's total revenue more than doubled to Rs 79.81 crore from Rs 32.06 crore in the year-ago quarter.