India’s Suyog Telematics falls on quarterly loss

Suyog Telematics

21/05/2025 09:33

** Shares of Suyog Telematics SUYO.NS fall 5% to 862 rupees

** Telecom infrastructure firm posts a consol loss of 134.85 million rupees ($1.58 million) in Q4, compared to a profit of ₹157.16 million a year earlier

** Suyog reports lower profit due to a 2.75 billion rupees ESOP expense

** Stock down 52% YTD

($1 = 85.5060 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

((rudrapratap.singh@thomsonreuters.com))