Syrma SGS, Kaga Electronics plan Haryana JV as Q1 profit more than doubles
Syrma SGS Technology plans to invest ₹25 crore this fiscal year through a JV with Japan’s Kaga Electronics to add advanced EMS capacity at its Haryana plant. June-quarter revenue rose 67% to ₹1,603.7 crore, while net profit reached ₹105.7 crore and exports contributed 24% of operating revenue.
Syrma SGS will invest ₹25 crore through a JV with Japan’s Kaga Electronics to build advanced EMS capacity at its Haryana plant. Q1 profit more than doubled as automotive, consumer and export businesses grew, supporting domestic electronics supply-chain expansion.
Why this matters
No prior related Syrma SGS signals were provided; the planned Haryana JV combines advanced EMS capacity expansion with strong June-quarter revenue and profit growth.
Retail-company signals are accelerating, up 307900% QoQ.