Syrma SGS Stock Up Today After Company’s Profit Increased by 145%

Mumbai, July 24, 2025 – Shares of Syrma SGS Technology Ltd (NSE: SYRMA) climbed 4.33% in early trade on Thursday. At 11:40 a.m. today the stock was up by 0.30% at Rs 701.30. It has shed some of the early gains. The company’s profit increased year-on-year by 145% in the June quarter.

Key Price Movement

As of 10:56 IST on July 24, 2025, Syrma SGS was trading at ₹715.00, up 2.26% from the previous close of ₹699.20. The stock hit a 52-week and intraday high of ₹736.65. VWAP stood at ₹717.17 with turnover at ₹150.80 crore.

Q1FY26 Financial Performance

In Q1FY26, Syrma SGS reported a 145% YoY increase in profit after tax to ₹499 million, despite an 18% decline in total revenue to ₹9,600 million. EBITDA rose 69% to ₹1,027 million, reflecting improved cost efficiency and better product mix. The company attributed the strong earnings performance to higher contributions from the Industrials and Auto segments, which offset revenue pressure and supported margin expansion.

Outlook

The company showed strong profitability despite lower revenue. This signals improved execution and cost controls, triggering investor interest. The market is reading the results as a sign of operational resilience. Continued traction in industrials and auto segments could support earnings stability and valuation in the near term.

About the Company

Syrma SGS Technology Ltd, listed on NSE and BSE since August 26, 2022, is a leading Electronics Manufacturing Services (EMS) provider catering to industrial, automotive, and consumer electronics sectors. The company is part of the NIFTY 500 index and operates under the “Industrial Products” category.

REF: https://nsearchives.nseindia.com/corporate/SYRMASGS_23072025173341_PressRelease23072025signed.pdf

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