Syrma SGS Technology Board Approves Unaudited Results for Quarter and Half-Year Ended September 2025

Syrma SGS Technology’s Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The meeting, held on November 10, 2025, reviewed results including revenue from operations of ₹10,869.78 million (standalone) and ₹11,458.87 million (consolidated), alongside taking limited review reports on record. Key details and documents are available on the company website.

Financial Performance Highlights

The Board of Directors of Syrma SGS Technology convened on November 10, 2025, to review and approve the unaudited financial results for Q2 2025 (July-September) and the first half of the fiscal year. Key figures from the standalone results include:

  • Revenue from operations: ₹10,869.78 million
  • Total Income: ₹10,967.90 million
  • Profit before tax: ₹861.38 million
  • Profit after tax: ₹653.99 million

The consolidated results present the following:

  • Revenue from operations: ₹11,458.87 million
  • Total Income: ₹11,546.31 million
  • Profit before tax: ₹895.00 million
  • Profit after tax: ₹663.41 million

Scheme of Amalgamation

Note 9 highlights that the company has given effect to the Scheme of Amalgamation between SGS Infosystems Private Limited, SGS Tekniks Manufacturing Private Limited, and the company, effective April 1, 2023. This scheme received approval from the Hon’ble National Company Law Tribunal on October 7, 2025. Comparative financial information has been restated beginning April 1, 2024.

QIP Issuance

During the period ended September 30, 2025, the Company issued 14,306,151 Equity Shares at a premium of ₹689 per share through Qualified Institutional Placement (QIP), raising ₹10,000 million. A portion of these proceeds, ₹7,029.52 million, has been utilized, with the remaining balance temporarily invested in fixed deposits.

Joint Ventures

Syrma Strategic Electronics Private Limited entered a joint venture with Shinhyup Electronics Co. Limited (South Korea) on July 15, 2025, focusing on manufacturing multi-layer Printed Circuit Boards (PCBs). Also, Syrma SGS Design and Manufacturing Private Limited and Elemaster S.P.A Tecnologie Elettroniche entered a Joint Venture on September 1, 2025.

KSolare Energy Acquisition

Subsequent to the period’s end, Syrma SGS Technology will jointly acquire 100% ownership of KSolare Energy Private Limited with Premier Energies Limited for ₹1,700 million.

Source: BSE

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