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Suyog Telematics Reports ₹63.07 Crore Profit for FY26, Recommends Dividend
Suyog Telematics Limited has announced its audited financial results for the year ended March 31, 2026. This marks the company's first reporting of consolidated figures following its acquisition of Lotus Tele Infra Private Limited in March 2025.
Consolidated Financial Performance
For the fiscal year 2026, Suyog Telematics reported consolidated revenue of ₹221.85 crore and a net profit of ₹63.07 crore. This resulted in a basic Earnings Per Share (EPS) of ₹54.70.
Standalone figures showed revenue at ₹209.19 crore with a net profit of ₹62.28 crore.
Shareholder Returns and Integration
The company's board has recommended a final dividend of Re. 1 per equity share, representing 10% of the face value. This proposal is subject to shareholder approval.
The consolidated reporting reflects the integration of Lotus Tele Infra, broadening the company's operational and financial scope.
Auditor's Observations
While the auditor's opinion was unmodified, several points were highlighted. Revenue for telecom tower infrastructure services in FY26 was recognized on a provisional basis, pending final reconciliation. Management has acknowledged the need to enhance internal controls and plans to implement improvements.
Additionally, various account balances, including loans, advances, and receivables, require confirmation and reconciliation.
Tax Search
A Goods and Services Tax (GST) search was conducted at the company's premises in January 2026. Management stated that this search did not have a material financial impact.
Future Outlook
Investors will be looking for progress on reconciling provisional revenues and strengthening internal controls. Updates on the integration of Lotus Tele Infra will also be a key focus. As this is the first consolidated report, year-on-year comparisons are not yet applicable, but future performance will be tracked against industry trends.