SYRMA2024-04-012024-06-30 SYRMA2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member SYRMA2024-06-30 SYRMA2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SYRMA2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543573 SYRMA NOTLISTED Syrma Sgs Technology Limited Equity 2024-04-01 2025-03-31 2024-08-05 2024-07-29 INR Millions First quarter 13:00:00 17:00:00 2024-08-05 2024-08-05 Not applicable Single segment Electronics Manufacturing Services 2024-04-01 2024-06-30 Unaudited Standalone 8159930000.00 119490000.00 8279420000.00 7553260000.00 10800000.00 -255850000.00 212070000.00 107430000.00 108670000.00 504530000.00 8240910000.00 38510000.00 0.00 38510000.00 12130000.00 -880000.00 11250000.00 0.00 27260000.00 0.00 0.00 0.00 0.00 27260000.00 -6020000.00 21240000.00 0.00 0.00 1774270000.00 10 0.15 0.15 0.00 0.00 0.15 0.15 1. The above standalone unaudited financial results for the quarter ended 30 June 2024 have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) as prescribed under Section 133 of the Companies Act, 2013 and Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations, 2015, as amended, which were reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on 05 August 2024. The statutory auditors of the Company have carried out limited review of the results for the quarter ended 30 June 2024. The figures for the quarter ended 31 March 2024 is the balancing figures between the audited figures in respect of the financial year ended 31 March 2024 published year to date figures for nine months ended 31 December 2023 which were subjected to limited review by the statutory auditors. 2. The Company received an amount of Rs. 7,257.22 million (net of IPO expenses of Rs. 402.78 million) from proceeds out of fresh issue of equity shares during the financial year ended 31 March 2023. The utilisation of net IPO proceeds is summarised below: 3. The Company operates in only one reportable business segment i.e., providing Electronics Manufacturing Services (EMS) as determined by Chief Operating Decision Maker (CODM) in accordance with IND AS 108 Operating Segments . 4. On 19 October 2021, the shareholders of the Company have approved the Syrma SGS Employee Stock Option Scheme ( Scheme 1 ) and Syrma SGS Employee Stock Option Scheme ( Scheme 2 ) which forms part of the Syrma SGS Stock Option Plan. The plan is administered by the 'Nomination and Remuneration Committee' constituted by the Board of Directors of the Company. The exercise period is 3 years from the date of vesting. During the quarter ended 30 June 2024, the Company has not alloted any equity shares under Syrma SGS stock option plan. 5. On 08 September 2023, the shareholders of the Company have approved the acquisition of shares from secondary market by Syrma SGS Employees Welfare Trust ( the Trust ) for the implementation of ‘Syrma SGS – Employee Stock Option Plan 2023’ for subsequent allotment to employees. Such shares acquired have been reduced from the total share capital in the Standalone Financial Statements as at 30 June 2024 and for the quarter and year ended 31 March 2024. The Company has provided an interest-free unsecured loan of Rs. 80 million for purchase of shares from secondary market. 6. During the year ended 31 March 2024, the Company has acquired 51% stake in Johari Digital Healthcare Limited (JDHL) for an aggregate consideration of Rs. 2,575 million, including Rs. 280 million of milestone based Contingent consideration, which has been approved by the Board of Directors in its meeting held on 01 August 2023. 7. The Board in its meeting held on 1 November 2023 has approved a scheme of amalgamation and arrangement (“Scheme”) involving amalgamation of its wholly owned subsidiaries SGS Tekniks Manufacturing Private Limited and SGS Infosystems Private Limited with Syrma SGS Technology Limited. As on date of the board meeting the Company is awaiting approval of the National Company Law Tribunal (NCLT) for the scheme. 8. The Board of Directors in its meeting held on May 10, 2024 have recommended a final dividend of 15% (Rs. 1.5/- per equity share of Rs. 10/- each) for the financial year 2023-24 subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company. 9. Previous year/period figures have been reclassified to conform to the current period classification/presentation. Note: For detailed notes, please refer to Corporate announcement for the Unaudited financial results for the quarter ended June 30, 2024 Other Expenses 504530000.00 Remeasurement of net defined benefit liability -8050000.00 Income tax relating to the above 2030000.00 -6020000.00 0.00 0.00