Servotech Power Systems published the standalone and consolidated financial results for the period that ended on March 31, 2019.

Company : Shanti Overseas (India) Limited

Servotech Power Systems Limited published the standalone financial result of the company for the year that ended on 31st March, 2019. The revenue of the company stood by Rs.8900.01 Lac for the year that ended on 31st March, 2019.

Servotech Power Systems Limited earned revenue of Rs.3448.8 Lac by the half year that ended on 30th September, 2018 and Rs.5451.21 Lac by the six months that ended on 31st March, 2019. The company achieved revenue of Rs.8418.01 Lac in the same quarter, previous year. Rs.2966.82 Lac revenue was less by the end of 31st March, 2019 quarter.

The revenue of the company was Rs.8900.01 Lac by the end of 31.3.2019 and Rs.11456.77 Lac by the end of 31.3.2018. The company achieved Rs.2556.76 Lac more revenue by the end of 31st March 2018 compared with the end of 2019 financial year.

Servotech Power Systems Limited has reportedly made a before tax profit of Rs.292.09 Lac by 30th September, 2018 and Rs.124.6 Lac by the end of 31st March, 2019 quarter. The company made a before tax profit of Rs.416.69 Lac by 31st March, 2019 and profit of Rs.551.14 Lac was made by 31st March, 2018. The before tax profit saw a decrease by Rs.134.45 Lac by the end of 2019 compared with the financial year of 2018.

The company made a net profit of Rs.191.6 Lac by the end of 30th September, 2019 and Rs.108.88 Lac by the half year that ended on 31.3.2019. The net profit of the company stood at Rs.300.48 Lac on 31.3.2019 as compared to profit of Rs.394.96 Lac by the end of 31st March, 2018. Net profit decreased by Rs.94.48 Lac in financial year of 2019.

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