Synergy Green Industries Q1FY27: ₹10.1 cr loss in 2026

Key takeaway from the June quarter

Synergy Green Industries reported a sharp reversal in profitability in the first quarter of FY27, posting a standalone net loss of ₹10.1 crore for the quarter ended June 30, 2026. In the same quarter last year (Q1FY26), the company had reported a net profit of ₹3.4 crore. The result came alongside weaker income and higher financing costs, based on the company’s unaudited financials.

The Board of Directors approved the unaudited results on August 13, 2026. The company also submitted the financial results to the National Stock Exchange (NSE) on the same date. The exchange filing referenced SGIL’s ISIN as INE00QT01015.

Profit turns to loss as income declines

For Q1FY27, total income declined 11.3% year-on-year to ₹75.7 crore, compared with ₹85.4 crore in Q1FY26. The drop in income was accompanied by a steep fall in operating profitability. PBDIT (profit before depreciation, interest and taxes) fell to ₹5.3 crore from ₹13.2 crore, a 59.7% decline.

Multiple versions of the quarter’s headline numbers were cited across the provided disclosures, but they broadly point to the same outcome: revenue around ₹75 crore and a net loss around ₹10 crore. One disclosure cited consolidated revenue from operations of ₹75.15 crore versus ₹83.56 crore a year ago, and noted a sequential fall from ₹119.04 crore in the previous quarter (Q4FY26).

Finance costs rise sharply

A notable pressure point in Q1FY27 was financing cost. Finance costs rose to ₹7.2 crore from ₹4.7 crore in Q1FY26, an increase of 54.4% year-on-year. With operating profit lower and interest expense higher, the quarter ended in a net loss.

Another set of figures in the same material reported total expenses of ₹86.40 crore in Q1FY27 compared to ₹80.25 crore in Q1FY26. The disclosures also reported depreciation at ₹9 crore for the June 2026 quarter in a quarterly statement table.

Capacity utilisation falls to 66%

Operationally, the company reported a decline in capacity utilisation to 66% in Q1FY27. Gross production was stated at 7,600 MT against a total capacity of 11,500 MT. This compares with 93% utilisation in FY26, indicating a meaningful pullback in throughput.

The utilisation data matters because it often affects fixed-cost absorption and profitability, especially in manufacturing-led businesses. The Q1FY27 outcome shows that reduced production coincided with weaker profitability and a decline in income.

Consolidated numbers track the standalone performance

The company’s consolidated performance mirrored the standalone picture in the supplied information. Consolidated results were described as a net loss of ₹10.1 crore on revenue of ₹75.1 crore. Another disclosure (in INR million) reported revenue of ₹75.713 crore and a net loss of ₹10.11 crore for the quarter.

The same set of disclosures also reported basic loss per share of ₹6.51 for Q1FY27, compared with basic earnings per share of ₹2.17 in Q1FY26. Diluted loss per share was also reported at ₹6.51 versus diluted EPS of ₹2.17 a year ago.

Timeline: board approval, filing, and investor call

Synergy Green Industries approved the Q1FY27 unaudited results on August 13, 2026. The company also announced a conference call with analysts and investors on Thursday, August 13, 2026 at 4:00 PM IST to discuss operational and financial performance for Q1FY27.

A separate event list in the provided material also referenced earlier quarterly result dates, including Q4 results on May 19, 2026, and Q3 results on February 11, 2026.

Dividend references and what is known so far

The provided disclosures included references to shareholder returns, though the details appear across different sources. One disclosure stated the company had declared a final dividend of ₹10 per equity share for FY26 at a board meeting held on May 9, 2025, and noted that with face value assumed at ₹10 per share, the dividend represented a 100% dividend on face value for both FY24 and FY25.

Separately, a corporate action table in the material referenced a “Final Dividend of ₹1/share” dated September 17, 2025. The same material also noted that no FY27 dividend has been announced yet, and that any forward payout would depend on full-year earnings performance.

Stock price snapshot shared in the disclosure

The supplied information included a price snapshot stating Synergy Green Industries’ share price was ₹538.75 as of August 13, 2026 at 03:59 PM.

Financial snapshot table

Why the Q1FY27 print matters

The Q1FY27 update shows a combination of pressures: lower income, materially weaker PBDIT, and higher finance costs. Alongside this, the drop in capacity utilisation provides an operational signal that production levels were lower than the earlier reference point provided for FY26.

Since the results are unaudited and were approved for the quarter ended June 30, 2026, investors typically look for management commentary from the scheduled call and subsequent quarterly filings for clarity on the drivers behind volume, pricing, costs, and interest movement.

What to watch next

Near-term focus remains on follow-through disclosures after the earnings call and any further details that explain the income decline, expense movement, and utilisation trend. The company has not announced any FY27 dividend in the provided material, making future payout guidance dependent on upcoming quarters and full-year earnings.