Servotech Power Systems consolidated net profit declines 71.24% in the December 2023 quarter

Sales decline 39.74% to Rs 52.01 crore

Net profit of Servotech Power Systems declined 71.24% to Rs 1.11 crore in the quarter ended December 2023 as against Rs 3.86 crore during the previous quarter ended December 2022. Sales declined 39.74% to Rs 52.01 crore in the quarter ended December 2023 as against Rs 86.31 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales52.0186.31 -40 OPM %5.837.03 -PBDT2.615.57 -53 PBT1.865.19 -64 NP1.113.86 -71

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