LatestCorporate Compliance 12 November 2026
SIS Keeps 15-18% Revenue Growth Outlook Amid Labour Reforms
SIS reaffirmed its FY27‑FY28 revenue growth guidance of 15‑18% after reporting that India's new labour code implementation and higher state‑level minimum wages are boosting its security services business. The firm says these policy changes are lowering operational friction and increasing client demand, allowing it to sustain its growth trajectory without revising its outlook.
India's security services firm SIS said its FY27‑FY28 revenue growth guidance of 15‑18% stays unchanged. The company credits recent labour code reforms and state‑level minimum‑wage hikes for strengthening demand.
- Labour reforms improve employee costs and compliance.
- Higher minimum wages boost purchasing power, aiding security contracts.
- Management expects the same growth trajectory into FY28.
Read the full report on CNBC TV18.
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