Syrma SGS Technology Limited’s board approved extending deadlines for acquisitions in Ksolare Energy Private Limited and a joint venture. The board reviewed and approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. Additionally, the long-stop date for the joint venture agreement has been extended to February 28, 2026.
Acquisition Timeline Extended
The Board of Directors has approved an extension of the long-stop date for the acquisition of a 49% equity stake in Ksolare Energy Private Limited, in partnership with Premier Energies Limited. The new deadline is extended to February 20, 2026. This decision aligns with the company’s initial intentions outlined in its letter dated October 23, 2025.
Joint Venture Agreement Deadline Extended
The long-stop date for closure related to a Joint Venture Agreement (JVA) with Elemaster S.P.A Tecnologie Elettroniche has also been extended. The new date for fulfilling conditions precedent is now February 28, 2026. The Board of Directors acknowledged this change, which accommodates a request from the JV partner.
Financial Results Approved
The board reviewed and approved the unaudited standalone and consolidated financial results for Q3 2026, which is the quarter and nine months ended December 31, 2025. These results, along with the limited review report, are now publicly accessible on the company’s website.
Standalone Financial Highlights
Syrma SGS Technology Limited’s standalone revenue from operations reached ₹11,513.94 million for Q3 2026. The profit after tax stood at ₹933.10 million. For the nine months ended December 31, 2025, the company’s standalone revenue totaled ₹31,464.28 million and profit after tax reached ₹2,124.82 million. The basic earning per share was ₹11.42.
Consolidated Financial Highlights
The consolidated revenue from operations was ₹12,641.80 million. The profit after tax (PAT) was ₹1,103.14 million. For the nine months ended December 31, 2025, consolidated revenue from operations was ₹33,540.47 million and profit after tax was ₹2,265.75 million. The basic earning per share reached ₹11.60.
Source: BSE
