Syrma SGS Reports 77% Surge in Net Profit for Q2 FY26, Completes Major Amalgamation Scheme

1 min read     Updated on 10 Nov 2025, 06:22 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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

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Syrma SGS Unveils ₹765 Crore Investment Plan in Andhra Pradesh Under ECMS Scheme

1 min read     Updated on 27 Oct 2025, 11:21 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Syrma SGS announces a ₹765 crore investment in Andhra Pradesh under the Electronics and Computer Software Export Promotion Scheme. The investment is expected to generate ₹6,933 crore in production value and create 955 new jobs. This move aligns with the government's efforts to boost electronics manufacturing in India and positions Andhra Pradesh as an attractive destination for such investments.

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*this image is generated using AI for illustrative purposes only.

Syrma SGS , a prominent player in the electronics manufacturing sector, has announced plans to invest ₹765 crore in Andhra Pradesh. This significant investment comes under the Electronics and Computer Software Export Promotion Scheme (ECMS), highlighting the company's commitment to expanding its presence in the region and contributing to India's growing electronics industry.

Investment Details and Economic Impact

The investment by Syrma SGS is expected to yield substantial economic benefits for Andhra Pradesh. Here's a breakdown of the projected outcomes:

Aspect Details
Investment Amount ₹765.00 crore
Expected Production Value ₹6,933.00 crore
New Jobs Created 955

This strategic move by Syrma SGS aligns with the government's push to boost electronics manufacturing in India. The ECMS scheme, under which this investment is being made, aims to promote exports in the electronics and computer software sectors.

Government Support

As part of the ECMS initiative, Syrma SGS is set to receive subsidies from the government. While the exact details of these subsidies have not been disclosed, they are likely to provide support to the company's expansion plans in Andhra Pradesh.

Implications for the Electronics Sector

This investment by Syrma SGS could have far-reaching implications for the electronics manufacturing landscape in Andhra Pradesh and India as a whole. The substantial production value expected from this investment (₹6,933.00 crore) suggests a boost to the state's manufacturing output.

Moreover, the creation of 955 new jobs underscores the potential of the electronics sector to generate employment opportunities, particularly in skilled and semi-skilled categories.

As the electronics industry continues to grow in importance, both globally and within India, investments of this scale could play a role in positioning India as a key player in the global electronics supply chain.

The move by Syrma SGS also reflects the growing attractiveness of Andhra Pradesh as a destination for electronics manufacturing investments, potentially paving the way for more companies to consider similar initiatives in the state.

Historical Stock Returns for Syrma SGS

1 Day5 Days1 Month6 Months1 Year5 Years
+0.83%+11.86%+11.53%+70.03%+63.31%+188.04%
Syrma SGS
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