Yes it does. I bought one last yr and run it from generator to charge batteries. I disconnect it after every charge. Didnt measure but it was significant.
Mine is setup for 24v. My next test = seeing if it will charge 2 in parallel. Manual says not to do that but going to try it.
It charges my batteries fast. Only con is only 3 stage cycle.. wish it did all 5; otherwise, pleased w/ it. Careful disconnecting a lot like I do because eventually gotta replace wire connection ends (dont hold up to all the movement)