StockWatch
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Industrial Products
Quarterly Result29 Jul 2026, 04:50 pm

Syrma SGS Q1 FY27 Revenue ₹16,037 Mn, PAT ₹1,057 Mn

AI Summary

Syrma SGS Technology Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a consolidated revenue of ₹16,037 million, a 67.1% year-on-year increase. EBITDA stood at ₹1,766 million, up 72.0% YoY, with a margin of 11.0%. Profit After Tax (PAT) more than doubled, reaching ₹1,057 million, an increase of 111.8% YoY, with a PAT margin of 6.6%. The growth was driven by strong performance in Automotive, Consumer, and export businesses. Key strategic updates include a Joint Venture with KAGA Electronics Co., Ltd., the appointment of Jaidit Singh Brar as CEO, and a credit rating upgrade by India Ratings & Research to IND AA/Stable.

Key Highlights

  • Q1 FY27 revenue surged 67.1% YoY to ₹16,037 Mn.
  • PAT more than doubled, growing 111.8% YoY to ₹1,057 Mn.
  • JV with KAGA Electronics to enhance manufacturing capabilities.
  • Credit rating upgraded to IND AA/Stable by India Ratings.
  • CEO Jaidit Singh Brar appointed, effective June 26, 2026.