Syrma SGS Technology Limited — Updates, 28-01-2025: Press Release

Syrma SGS Technology Limited reported strong financial performance for the quarter and nine months ended December 31, 2024. Consolidated total revenue for Q3 FY2025 reached ₹8,915 million, marking a 24% year-over-year increase from ₹7,188 million in Q3 FY2024. The significant growth was driven by the automotive and industrial segments. Consolidated EBITDA surged by 96% YoY to ₹1,013 million, while profit after tax escalated by 161% to ₹530 million.

For the nine months ending December 31, 2024, consolidated total revenue rose by 40% to ₹28,973 million compared to ₹20,631 million in the previous year. EBITDA increased by 43% to ₹2,430 million, with profit after tax also growing by 43% to ₹1,130 million. The company is experiencing strong traction in the EMS sector and remains optimistic about maintaining growth in line with industry trends. Positive outlook ahead as the company capitalizes on growth opportunities.