Syrma SGS Technology Surges Forward with Robust Profit Growth in FY26
Syrma SGS Technology, an electronics manufacturing services company, reported a significant profit increase, with FY26 seeing an 87% jump compared to the previous fiscal year. The firm credits its success to strategic market positioning and a focus on high-margin segments such as automotive and healthcare while adapting to global uncertainties.
Syrma SGS Technology, a leading name in electronics manufacturing services, has announced a consolidated profit of approximately Rs 119 crore for the fourth quarter ending March 31, 2026. This substantial profit increase has been attributed to notable revenue growth and the strategic consolidation of high-margin business segments.
The company's year-on-year performance shows a remarkable 58.48 per cent rise in consolidated revenue, reaching Rs 1,465 crore for the reported quarter, a significant leap from Rs 924.36 crore in the corresponding period of the previous year. Jasbir Singh Gujral, the managing director, highlighted the company's strategic focus on higher-quality verticals like automotive and healthcare as pivotal to this success.
Continued export growth, despite global trade uncertainties, reflects Syrma SGS's strengthening global presence. The company's strategy to pivot away from lower-margin consumer electronics has paid off, fostering resilience and positioning it for sustained growth amid volatile market conditions.
(With inputs from agencies.)
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