Shares of Syrma SGS Technology Ltd. gained as much as 6% on Monday, November 11. The stock is hovering close to its 52-week high of ₹875, which it had touched on September 8, 2025.

In the September quarter, Syrma SGS reported a 77% year-on-year rise in net profit to ₹64 crore, compared to ₹36.2 crore a year ago.

Revenue grew 37.6% to ₹1,145.8 crore from ₹832.7 crore, while EBITDA surged 62.3% to ₹115.1 crore from ₹70.9 crore. EBITDA margin improved to 10.05% from 8.51% in the same period last year.

The revenue growth was driven primarily by the IT and railways segment, which rose 73% year-on-year, followed by a 24% increase in another segment, while the consumer segment declined 23%.

The company also announced plans to acquire a 60% stake in defence and maritime electronics firm Elcome

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