Results - Announcements
Synergy Green Industries Ltd share price nosedived by 8.12% to Rs 510.95 after the company's net profit plunged by 49.75% to Rs 5.08 crore, while revenue from operations gained significantly 54.07% to Rs 115.78 crore in Q3FY26 over Q2FY26.
The market capitalization of Castings & Forgings industry group stocks on BSE stood at Rs 1.07 lakh crore, easing 3.60%. It has softened by 1.31% over last one week and eased lower by 1.97% in last one month while the market capitalization of Synergy Green Industries Ltd has slipped by 5.85% and 14.24% in the same period respectively.
Profit before tax (PBT) of Synergy Green Industries Ltd stood at Rs 5.29 crore in Q3 FY26, tanking 258.38% year-on-year, and nosediving by 50.51% quarter-on-quarter. EBITDA came in at Rs 11 crore, expanding by 54.96% YoY and surging by 157.66% sequentially.
Total expenses surged 44.46% to Rs 114.44 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 51.02 crore, jumping 22.61% YoY, while employee benefits expense was at Rs 11.15 crore, registering a growth of 7.94% YoY.
For the TTM ended FY26, revenue from operations grew marginally by 1.15% to Rs 366.42 crore, while net profit tanked by 72.41% to Rs 4.66 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 5718% to Rs 29.42 crore, and PBT collapsed by 69.79% to Rs 7.55 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 19.27 crore in FY26, as against Rs 16.39 crore in FY25.
Synergy Green Industries Ltd declined by 3.90% in last one year, outperforming the benchmark BSE Sensex which has slipped by 8.41% during the same period.