The company’s consolidated net profit doubled to ₹100 crore during the June quarter from ₹50 crore a year earlier. Revenue from operations increased 67% to ₹1,589 crore from ₹953 crore.
Earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 68% to ₹161 crore from ₹96 crore in the corresponding quarter last year. EBITDA margin remained unchanged at 10.1%.
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Total income increased to ₹1,603.7 crore from ₹960 crore a year ago, while profit before tax more than doubled to ₹140.8 crore from ₹67.1 crore. Earnings per share improved to ₹5.19 from ₹2.79 in the year-ago quarter.
On the cost front, the company’s cost of materials consumed increased to ₹1,400.9 crore from ₹725.4 crore a year earlier. Employee benefit expenses rose to ₹75.3 crore from ₹50.4 crore, while finance costs declined to ₹13.3 crore from ₹14.9 crore.
Depreciation and amortisation expenses increased to ₹22.5 crore from ₹20.6 crore, and other expenses rose to ₹152.5 crore from ₹96.3 crore.
During the quarter, Syrma SGS signed an electronics manufacturing services agreement with Kaga Electronics India under which the company will hold up to a 60% stake in a new joint venture, while Kaga will own up to 40%, subject to customary conditions precedent and closing conditions.
The company also increased its stake in Syrma SGS Design and Manufacturing through an additional investment during the quarter.
Separately, the board approved raising up to ₹1,000 crore through a Qualified Institutional Placement or other permissible modes, re-appointed Sandeep Tandon as Executive Chairman for another five-year term from October 1, 2026, subject to shareholder approval, and appointed Umesh Sagta & Associates as cost auditors for FY27.
Shares of the company rose following the results announcement, to close 3.6% higher at ₹1,353. The stock has risen over 88% so far in 2026.
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