Syrma SGS Technology Limited, a key player in the electronics systems design and manufacturing (EMS) sector, has announced impressive financial results for Q3FY25, showing robust growth across key metrics. For the quarter ending December 31, 2024, the company reported consolidated revenue of ₹8,915 million, marking a 24% year-on-year (YoY) increase compared to ₹7,188 million for the same period in 2023.
This growth was primarily driven by the Automotive and Industrial segments. Consolidated EBITDA surged by 96% YoY to ₹1,013 million, up from ₹516 million in Q3FY24. Profit after tax (PAT) saw a significant jump of 161% YoY, reaching ₹530 million, compared to ₹203 million in the same quarter last year.
For the nine months ending December 31, 2024, consolidated revenue stood at ₹28,973 million, reflecting a 40% YoY growth compared to ₹20,631 million for the corresponding period in 2023. The EBITDA for this period rose by 43% YoY to ₹2,430 million, up from ₹1,703 million last year.
PAT for the nine months was ₹1,130 million, an increase of 43% YoY from ₹791 million in the previous year. The company’s performance across its key focus areas—Automotive, Consumer, Healthcare, Industrials, IT, and Railways—has been strong, delivering impressive growth compared to the previous year.
Syrma SGS Technology is a leading electronics manufacturing services (EMS) provider in India, specializing in high-mix, flexible-volume production for industries such as automotive, healthcare, industrial, and consumer electronics. The company offers end-to-end solutions, including design, PCB assembly, and full system integration, catering to both domestic and global markets.
With a strong focus on innovation, Syrma SGS excels in RFID technology, power electronics, and precision engineering. Its commitment to quality, research-driven development, and state-of-the-art manufacturing facilities enables it to support the growing demand for advanced electronic products while strengthening India’s position as a global electronics hub.