Syrma SGS Technology has delivered a very strong Q1 FY27

Syrma SGS Technology has delivered a very strong Q1 FY27, with revenue from operations rising about 68% YoY to ₹1,588.6 crore, operating profit increasing 86.5% to ₹161.6 crore, and net profit jumping 111.7% to ₹105.7 crore. The growth was driven by strong performance in automotive, consumer electronics and exports, along with scaling of customer programmes won during FY26. A major strategic positive is its JV with Japan's KAGA Electronics, in which Syrma will hold 60% and KAGA 40%, aimed at building advanced EMS manufacturing capacity in India for Japanese customers. Another recent development is the inauguration of a 20,000 sq-ft high-reliability electronics facility in Bengaluru, while management is targeting more than 35% revenue growth in FY27, with exports targeted at around ₹1,500–₹1,600 crore and ODM revenue around ₹1,100–₹1,200 crore.