Servotech Power Systems reports profit of Rs 110.65 million in 2022-23

Servotech Power Systems Limited has recorded a net profit of Rs 110.65 million for the financial year 2022-23, registering an increase of 172.67 per cent over the net profit of Rs 40.58 million recorded in the previous year.

The company’s consolidated total income has increased by 93.16 per cent to Rs 2,786.43 million in 2022-23 from Rs 1,442.53 billion during 2021-22.