Syrma SGS Technology Limited shares jumped over 4% in early morning trade on Tuesday after the company reported stellar financial results for the July–September quarter (Q2 FY25). The strong earnings performance, led by robust growth in revenue and profitability, boosted investor sentiment. As of 9:31 AM, the shares were trading 2.77% higher at Rs 830.40.
The electronic manufacturing services (EMS) company posted a 37.6% year-on-year (YoY) rise in consolidated revenue to ₹1,146 crore, compared to ₹833 crore in the same quarter last year. This sharp growth reflects continued momentum across its key segments and sustained demand from industrial, automotive, and consumer electronics clients.
Earnings before interest, tax, depreciation, and amortization (EBITDA) rose 62.3% YoY to ₹115 crore, up from ₹70.9 crore in Q2 FY24. The EBITDA margin also improved significantly to 10.0%, compared to 8.5% a year earlier.
The company’s net profit surged 76.8% YoY to ₹64 crore, compared to ₹36.2 crore in the corresponding period last year.
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