Suyog Telematics has reported its third quarter financial results, showcasing strong operational performance with improved EBITDA metrics while experiencing mixed results in overall profitability. The telecommunications company demonstrated enhanced operational efficiency and margin expansion during the quarter, even as net profit faced headwinds.

Comprehensive Financial Performance

The company's financial metrics for the third quarter reveal a nuanced performance across key indicators:

Strong Operational Metrics

Suyog Telematics delivered impressive operational performance with EBITDA reaching 375M rupees compared to 341M rupees in the corresponding quarter of the previous year, representing growth of 34M rupees. More significantly, the company achieved EBITDA margin expansion to 71.38% from 69.91% year-on-year, indicating improved operational efficiency and better cost management at the operational level.

Revenue Growth Momentum

The company maintained its growth trajectory with revenue of 526M rupees in the third quarter, marking an increase from 488M rupees recorded in the same period last year. This revenue growth of 38M rupees demonstrates Suyog Telematics' ability to expand its business operations and strengthen its market position in the competitive telecommunications sector.

Profitability Analysis

Despite strong operational metrics, net profit declined to 145M rupees from 172M rupees in the previous year's third quarter, representing a decrease of 27M rupees. The contrast between improved EBITDA performance and lower net profit suggests that non-operational factors or increased depreciation and interest expenses may have impacted bottom-line profitability.

Performance Outlook

The third quarter results present a balanced view of Suyog Telematics' performance, with strong operational efficiency gains and revenue growth offsetting net profit challenges. The improved EBITDA margins indicate effective operational management, while the revenue expansion reflects continued business development capabilities in the telecommunications market.

Suyog Telematics Limited has informed stock exchanges about the resignation of Independent Director Mr. Ajay Kumar Thakur, effective January 13, 2026. The company filed the disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, on January 14, 2026.

Director Resignation Details

Mr. Ajay Kumar Thakur (DIN: 02910317) submitted his resignation letter on January 13, 2026, with the resignation taking effect from the closure of business hours on the same date. The director cited increased workload and overlapping professional commitments as the primary reasons constraining his ability to devote adequate time to the company's affairs.

Regulatory Compliance and Confirmations

The resignation disclosure was made pursuant to Regulation 30 read with Schedule III of the Listing Regulations and SEBI master circular dated November 11, 2024. Mr. Thakur provided specific confirmations regarding his departure from the board.

Key confirmations from the resigning director include:

• No disagreement with the company on any matter relating to operations, policies, or practices
• No other material reasons for resignation beyond those mentioned in the resignation letter
• Currently holds no directorship or committee membership in any other listed entity

Documentation and Process

The company secretary Aarti Shukla (Membership No.: A63670) signed the regulatory filing, which included detailed annexures as required under SEBI regulations. The disclosure contained the resignation letter and comprehensive details mandated for independent director resignations.

The resignation follows standard corporate governance procedures, with the company maintaining transparency through timely disclosure to both BSE Limited and National Stock Exchange of India Limited. Mr. Thakur's departure reduces the independent director strength on the company's board, though the filing indicates this was a voluntary resignation due to professional time constraints rather than any operational concerns.