Servotech Renewable Power System Limited has informed the Exchange regarding Appointment of Ms N N Sharma & Associates as the Cost Auditors of the Company to conduct the audit of cost records of the Company for the 2025-26 w.e.f. May 06, 2025.
SERVOTECH · price
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Servotech Renewable Power System reported strong FY25 results, with consolidated revenue nearly doubling to Rs. 67,680 lakhs (from Rs. 35,526 lakhs in FY24) and profit after tax rising to Rs. 3,264 lakhs (from Rs. 1,180 lakhs). Standalone revenue grew to Rs. 58,911 lakhs with PAT of Rs. 3,347 lakhs, and EPS stood at Rs. 1.48 (consolidated) / Rs. 1.49 (standalone). The statutory auditor (Rohit KC Jain & Co) issued an unmodified opinion on the results. The board recommended a final dividend of Re 0.05 per share (5%) for FY25, subject to shareholder approval. Additionally, R&D Company Secretaries was appointed as Secretarial Auditor for 5 years (FY26–FY30), N N Sharma & Associates was re-appointed as Cost Auditor for FY26, and Mr. Girish Kumar Ahuja, a practicing Chartered Accountant and noted tax law expert, was appointed as an Additional Non-Executive Independent Director.
Strong revenue and profit growth, along with an unmodified audit opinion and a modest dividend, signal healthy operational performance for shareholders. The new independent director brings tax expertise to the board, and the continuity of auditors suggests stable governance with no concerning changes.