{
  "id": 17350240,
  "title": "Syrma SGS Technology Records Strong Q2 FY27, Net Profit Surges To ₹124.2 Crore On Robust Revenue Growth",
  "url": "https://urgent.news/2026/10/31/syrma-sgs-technology-records-strong-q2-fy27-net-profit-surges-to-124",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T05:47:59.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/syrma-sgs-technology-records-strong-q2-fy27-net-profit-surges-to-1242-crore-on-robust-revenue-growth"
  },
  "original_language": "en",
  "account": "Mumbai - Syrma SGS Technology reported strong financial results for the second quarter and half-year of Fiscal Year 2027, with net profit surging by an impressive 87.2% and revenue growing by 73.2%. The company's consolidated net profit for Q2 FY27 reached ₹124.2 crore, compared to ₹66.3 crore in the same quarter last year. Total consolidated revenue stood at ₹1,999.5 crore, a 73.2% increase from ₹1,154.6 crore in Q2 FY26.\n\nHalf-yearly figures showed a even more remarkable 97.7% increase in net profit to ₹229.9 crore, up from ₹116.3 crore in H1 FY26. Operating revenue for the first half of the fiscal year grew by 70.9% to ₹3,603.2 crore, up from ₹2,108.7 crore. EBITDA and EBITDA margins improved, with Q2 FY27 EBITDA at ₹203.1 crore, up 63.9% from ₹124 crore, and a margin of 10.2%, down slightly from 10.5%.\n\nExport revenue accounted for 26% of operating revenue in Q2 FY27, a 91% year-on-year increase. For H1 FY27, export revenue was 25% of operating revenue, up 80% year-on-year. CEO Jasbir Singh Gujral attributed the growth to strong performance in automotive and industrial sectors, along with an 80% rise in exports. The company also unveiled a new facility in Bengaluru for its joint venture and Syrma Johari MedTech opened a new facility in Jodhpur to support medical-device programs.",
  "summary": "Mumbai: Syrma SGS Technology on Monday announced its unaudited consolidated financial results for the quarter and half-year ended 30 September 2026, reporting a substantial rise in net profit and revenue. Quarterly Financials For the second quarter of the fiscal year 2027 (Q2 FY27), Syrma SGS Technology's consolidated net profit (PAT) rose to ₹124.2 crore, an 87.2% increase from ₹66.3 crore in Q2…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}