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EV charger manufacturing company Servotech Renewable Power System Ltd. has released its quarterly results. Despite the positive quarterly results the companys shares are trading in the red today. Servotech reported standalone revenue of Rs 12513.59 lakh in Q1FY26 up 28 per cent from Rs 9775.48 lakh in the same quarter last year. The companys EBITDA jumped 63.65 per cent to Rs 1423.17 lakh from RS 869.66 lakh in the same period last year. Key Highlights Of Q1 Results EBITDA increased by 63.65 per cent standing at Rs 1423.17 lakh in Q1 FY26 from Rs 869.66 lakh in Q1 FY25. Gross Profit rose by 36.96 per cent standing at Rs 2657.36 lakh in Q1 FY26 up from Rs 1940.26 lakh in Q1 FY25. PBT registered a growth of 59.25 per cent amounting to Rs 1003.98 lakh in Q1 FY26 as against Rs 630.44 lakh in Q1 FY25. PAT experienced a substantial rise of 59.18 per cent standing at Rs 755.06 lakh in Q1 FY26 compared to Rs 474.34 lakh in Q1 FY25. Share Price Today Meanwhile the stock dropped over 5 per cent on Thursday July 31 2025 as the market remained highly volatile. The scrip opened at Rs 138 on the National Stock Exchange (NSE) and later fell to touch the low of Rs 135.06 representing a fall of 5.57 per cent. Technically the stock trades higher than the 100-day moving averages but lower than the 5-day 20-day 50-day and 200-day moving averages. Gets Order From BIAL For EV Chargers The company has received an order from Bengaluru International Airport Limited (BIAL) to install ultra-fast EV chargers at Kempegowda International Airport. Each charger will have a capacity of 240 kW and will enhance the e-transport operational efficiency at the airport Servotech Renewable Power System said in a statement. The company has received an order to install 10 ultra-fast direct current electric vehicle (DC EV) chargers of 240 kW each at Kempegowda International Airport for airside EV operations it said. With PTI inputs