Syrma SGS Reports 77% Surge in Net Profit for Q2 FY26, Completes Major Amalgamation Scheme
Syrma SGS announced strong Q2 FY26 results with net profit up 77% to ₹641 million and revenue growing 38% to ₹11,460 million. EBITDA increased 56% to ₹1,150 million, with margins improving to 10.06%. The company completed amalgamation with subsidiaries, raised ₹10,000 million through QIP, entered joint ventures for PCB manufacturing, and declared a 15% dividend for FY 2024-25.

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Syrma SGS has announced its financial results for the second quarter of the fiscal year 2025-26, showcasing impressive growth across key financial metrics.
Financial Highlights
| Metric | Q2 FY26 | Q2 FY25 | YoY Growth |
|---|---|---|---|
| Net Profit | ₹641.00 | ₹362.00 | 77.00% |
| Revenue | ₹11,460.00 | ₹8,300.00 | 38.00% |
| EBITDA | ₹1,150.00 | ₹738.40 | 56.00% |
| EBITDA Margin | 10.06% | 8.87% | 119 bps |
Key Takeaways
Profit Surge: Syrma SGS reported a consolidated net profit of ₹641.00 million in Q2 FY26, marking a substantial 77.00% increase from ₹362.00 million in the same quarter of the previous year.
Revenue Growth: The company's revenue saw a robust growth of 38.00%, reaching ₹11,460.00 million compared to ₹8,300.00 million in the corresponding quarter last year.
EBITDA Performance: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose by 56.00% to ₹1,150.00 million from ₹738.40 million year-over-year.
Margin Improvement: The EBITDA margin improved significantly, increasing to 10.06% from 8.87% in the previous year, indicating enhanced operational efficiency.
Corporate Developments
Amalgamation Scheme: Syrma SGS completed a scheme of amalgamation with its wholly-owned subsidiaries SGS Infosystems Private Limited and SGS Tekniks Manufacturing Private Limited. The scheme was approved by the National Company Law Tribunal on October 7, 2025, with an appointed date of April 1, 2023.
Qualified Institutional Placement: The company successfully raised ₹10,000 million through a Qualified Institutional Placement (QIP), issuing 14,306,151 equity shares at ₹699 per share.
Joint Ventures: Syrma SGS entered into joint venture agreements for manufacturing multi-layer Printed Circuit Boards and other electronics manufacturing services, expanding its operational capabilities.
Dividend Declaration: The company approved a final dividend of 15% (₹1.5 per equity share) for FY 2024-25.
Board Meeting Outcome
According to the LODR (Listing Obligations and Disclosure Requirements) data, the company's Board of Directors met on November 10, 2025, to approve the unaudited financial results for Q2 FY26. The meeting, which began at 1:00 p.m. and concluded at 3:37 p.m., resulted in the approval of both standalone and consolidated financial results for the quarter and half-year ended September 30, 2025.
The strong financial performance of Syrma SGS in Q2 FY26 reflects the company's ability to drive growth and improve profitability in the electronics manufacturing services sector. The significant increase in net profit, coupled with robust revenue growth and margin expansion, indicates effective cost management and potentially increased market share.
Investors and stakeholders can access the detailed financial results on the company's website at https://syrmasgs.com/ .
Historical Stock Returns for Syrma SGS
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.83% | +11.86% | +11.53% | +70.03% | +63.31% | +188.04% |
















































