Syncom Formulations sees strong profit growth in FY2025

Syncom Formulations (India) Limited reported a substantial rise in standalone profit after tax, reaching Rs. 4,887.18 Lakhs in FY2025, a significant increase from Rs. 2,362.32 Lakhs in the previous year. Total income for the year also grew to Rs. 48,004.05 Lakhs, up from Rs. 27,146.02 Lakhs. Consolidated figures mirrored this positive trend, with profit after tax at Rs. 4,943.46 Lakhs (FY2024: Rs. 2,531.42 Lakhs) and total income at Rs. 48,244.66 Lakhs (FY2024: Rs. 27,691.30 Lakhs).

The company will hold its 37th Annual General Meeting on Monday, September 29, 2025, via Video Conferencing/Other Audio Visual Means. Key agenda items include the ratification of remuneration for the cost auditor and the appointment of Ankit Kedarmal Bankda as executive chairman and whole-time director for a three-year term starting August 9, 2025, with an annual remuneration of up to Rs. 7,50,000 per month. The board has not recommended a dividend for FY2024-25, opting to conserve resources.

Syncom also noted an increase in its CSR obligation to Rs. 54.50 Lakhs for FY2025, with Rs. 55.00 Lakhs spent on projects during the year.