Syrma SGS Board Approves Financial Results, Extends Partnership Deadlines

Syrma SGS Technology Limited’s board has approved the unaudited standalone and consolidated financial results for Q3 2026. Additionally, the board agreed to extend the long-stop dates for the acquisition of a stake in Ksolare Energy and a joint venture agreement, both until late February 2026. These decisions were made during a meeting held on January 29, 2026.

Financial Results Approved

The Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Q3 2026). These results have undergone a limited review and are now publicly available.

Ksolare Energy Acquisition Update

The long-stop date for the acquisition of a 49% equity stake in Ksolare Energy Private Limited, in joint venture with Premier Energies Limited, has been extended. The new deadline for fulfilling the conditions precedent is February 20, 2026. This extension aligns with an earlier letter from the company dated October 23, 2025.

Joint Venture Agreement Extension

The long-stop date for closure of the Joint Venture Agreement (JVA) with Elemaster S.P.A Tecnologie Elettroniche and Syrma SGS Design and Manufacturing Private Limited has also been extended. The new deadline is February 28, 2026, following a request from the JV partner. The board took note of the extension.

Key Financial Figures (Standalone)

Key figures from the standalone unaudited results include:

  • Revenue from operations:₹11,513.94 million for Q3 2026
  • Total income:₹11,640.20 million for Q3 2026
  • Profit before tax:₹1,145.83 million for Q3 2026
  • Profit after tax:₹933.10 million for Q3 2026

Key Financial Figures (Consolidated)

Key figures from the consolidated unaudited results include:

  • Revenue from operations:₹12,641.80 million for Q3 2026
  • Total income:₹12,744.76 million for Q3 2026
  • Profit before tax:₹1,383.48 million for Q3 2026
  • Profit after tax:₹1,103.14 million for Q3 2026

Source: BSE

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