Symphony Limited , a leading air cooler manufacturer, has announced its 24th interim dividend for the fiscal year 2025-26. The company has set November 12, 2025, as the record date for the payment of this dividend, subject to approval by the Board of Directors in their upcoming meeting scheduled for November 6, 2025.

Key Details

• Record Date: Wednesday, November 12, 2025
• Board Meeting Date: Thursday, November 6, 2025
• Dividend Type: 2nd Interim Dividend for FY2025-26

Eligibility Criteria

Shareholders whose names appear in the Register of Members of the company as of the closing hours on November 12, 2025, will be entitled to receive the interim dividend, if declared by the Board.

Regulatory Compliance

The company has adhered to regulatory requirements by submitting newspaper clippings of the record date notice to both the National Stock Exchange of India Limited and BSE Limited. This submission was made by Mayur Barvadiya, Company Secretary and Head-Legal of Symphony Limited, on October 30, 2025.

Investor Information

Symphony Limited has ensured transparency by making this information available on various platforms:

• Company website: www.symphonylimited.com
• Stock exchange websites: www.bseindia.com and www.nseindia.com

Investors and shareholders are advised to take note of these dates and monitor the company's announcements for further details on the dividend declaration.

The announcement of an interim dividend typically signals the company's confidence in its financial performance and commitment to returning value to shareholders. However, investors should note that the final decision on the dividend declaration rests with the Board of Directors and will be confirmed in the upcoming meeting.

Symphony Limited, known for its innovative cooling solutions, continues to maintain its tradition of regular dividend payments, reflecting its stable financial position in the competitive appliance market.

Symphony Limited , a leading air cooler manufacturer, reported its financial results for the first quarter of fiscal year 2026, revealing the impact of a shortened and rain-disrupted summer season on its performance.

Financial Highlights

• Q1 FY26 revenue stood at ₹229.00 crores, down 39% from ₹373.00 crores in the same quarter last year.
• Profit After Tax (PAT) declined to ₹37.00 crores from ₹69.00 crores in the previous year.
• The Board approved an interim dividend of ₹1.00 per share.

Performance Analysis

Despite the year-on-year decline, Symphony's Q1 FY26 sales of ₹229.00 crores marked the second-highest June quarter sales ever, surpassing June 2022 by 10%. The company attributed the revenue drop to a shortened and rain-disrupted summer season, which affected the entire summer-related product industry.

Nrupesh Shah, Managing Director of Corporate Affairs at Symphony, noted, "Like many other summer-related industries or summer-related products, Symphony has been also adversely impacted."

Channel Inventory and Market Dynamics

The company acknowledged that channel inventory remains higher than normal due to the weak summer season. However, management emphasized that this is part of the business cycle, and they have successfully navigated such situations in the past.

Diversification Strategy

Symphony's alternative product categories showed robust growth, helping to mitigate the impact of the subdued summer:

• Tower fans, kitchen cooling fans, and water heaters demonstrated strong performance.
• These categories now constitute approximately 25% of Symphony India's sales, up from less than 10% previously.
• The company is accelerating growth in all-season and counter-seasonal products.

International Operations

Symphony provided updates on its international subsidiaries:

• GSK China continues to show strong growth momentum.
• The company is progressing with the divestment of IMPCO Mexico and Symphony Australia subsidiaries, with potential completion expected by the end of the current financial year or early next year.
• GSK China completed the first tranche of a USD 5.2 million IPR transaction with IMPCO Mexico, receiving ₹22.00 crores in the quarter.

New Product Launches

During the quarter, Symphony launched a new range of air coolers called the Air Force range, which has received strong traction in the market.

Looking Ahead

While the company faces challenges due to the subdued summer, Symphony remains focused on strengthening its market presence in alternate channels and expanding its reach in semi-urban and rural markets.

Achal Bakeri, Chairman and Managing Director of Symphony, expressed confidence in the company's diversification strategy, stating, "The entire future does not depend only on the sales within India. There are various other drivers which will sort of lead us to continued sales."

Symphony Limited continues to adapt to market conditions and leverage its diverse product portfolio to navigate the seasonal fluctuations in its core business.