Syrma SGS Technology Ltd has delivered a strong finish to FY25, reporting impressive financial results for the March quarter and unveiling ambitious fundraising plans. The company posted a consolidated revenue from operations of ₹9.24 billion and a consolidated net profit of ₹654.4 million, reflecting robust demand and operational excellence in the electronics manufacturing sector.
Key Highlights:
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Q4 Financial Surge: Syrma SGS Technology’s consolidated revenue from operations reached ₹9.24 billion in the March quarter, maintaining its upward trajectory and confirming sustained customer demand across auto, industrial, and electronics segments.
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Profit Momentum: The company reported a consolidated net profit of ₹654.4 million, signaling strong margin management and efficient cost controls as it continues to scale operations.
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Fundraising Ambition: The board has approved plans to raise up to ₹10 billion through Qualified Institutional Placement (QIP) and other permissible routes, aiming to fuel expansion, innovation, and potential acquisitions in a rapidly evolving market.
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Market Performance: Syrma SGS’s market capitalization has surged by 38% over the past year, underlining investor confidence and the company’s successful growth strategy.
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Dividend Watch: The board is also set to consider a dividend recommendation for FY25, further sweetening the outlook for shareholders.
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Strategic Outlook: With a focus on expanding its manufacturing footprint and investing in advanced technologies, Syrma SGS is positioning itself as a leader in India’s electronics manufacturing ecosystem.
With robust quarterly results and a bold fundraising initiative, Syrma SGS Technology is charging ahead, poised for its next phase of growth and industry leadership.
Sources: Economic Times, TradingView/Reuters, Screener