Servotech Power Systems net profit grows three-fold to Rs 3.12 crore in Q2
Servotech Power Systems Ltd (SPSL) has posted over three-fold jump in its net profit at Rs 3.12 crore during the quarter ended September 2023, aided by higher revenues.
It had clocked a net profit of Rs 78 lakh during the July-September period of preceding 2022-23 fiscal, the company said in a regulatory filing on Monday.
The company’s revenue also more than doubled to Rs 86.59 crore in the second quarter, from Rs 40.24 crore in the same quarter a year ago.
