Electrical Equipment/Products company Syrma SGS Technology announced FY23 results: Consolidated total revenue of Rs 20,921 million, up by 63% YoY compared to Rs 12,843 million for FY22, primarily driven by Automotive, Consumer, and Industrial segments Consolidated EBITDA was up by 61% YoY to Rs 2,315 million as against Rs 1,437 million for FY22 EBITDA margin was at 11.1% as compared to 11.2% for FY22 Profit Before Tax was Rs 1,787 million, up 61% YoY as compared to Rs 1,108 million in FY22 Profit after Tax was Rs 1,231 million up by 61% YoY as compared to Rs 765 million for FY22 The domestic demand for EMS continues to be robust across Industry segments The company remains confident and aspires to grow in line with industry growth rates Result PDF
Conference Call with Syrma SGS Technology Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
Syrma SGS Technology announced Q3FY23 results: Consolidated Q3FY23: The company, for Q3FY23, reported a total revenue of Rs 5,244 million, up by 73% YoY, compared to Rs 3,034 million for Q3FY22, primarily driven by Automotive and Consumer segments. EBITDA was up by 53% YoY to Rs 596 million, as against Rs 388 million for the corresponding period of the previous year. The EBITDA margin was at 11.4%, as compared to 12.8% for the corresponding period last year. Profit before tax was Rs 451 million, up 51% YoY, as compared to Rs 298 million last year and profit after tax was Rs 342 million, up by 70% as compared to Rs 202 million for the corresponding period last year. Result PDF