Ampvolts Q1 FY27 results: revenue jumps 12x, swings to profit
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Ampvolts Limited (formerly Quest Softech) reported Q1 FY27 revenue from operations of Rs 1,300.71 lakhs, up sharply from Rs 102.18 lakhs in Q1 FY26, driven by its EV chargers and fleet operations business. Total income stood at Rs 1,332.50 lakhs. The company swung to a profit after tax of Rs 110.28 lakhs versus a loss of Rs 32.06 lakhs in the year-ago quarter. EPS came in at Rs 0.43 against negative Rs 0.12. Services revenue rose to Rs 772.05 lakhs from Rs 97.19 lakhs, while product sales jumped to Rs 528.66 lakhs from Rs 4.99 lakhs.
Strong revenue growth and turnaround to profit reflect scaling of EV charging and fleet business. Positive for shareholder sentiment.