Symphony Reports Sharp Decline in Q1 FY26 Financial Performance
Symphony Limited's Q1 FY26 results show a major downturn. Revenue dropped 38.60% to ₹229.00 crore, net profit fell 46.38% to ₹37.00 crore, and EBITDA decreased to ₹26.00 crore from ₹87.00 crore year-over-year. The company declared a ₹1.00 per share interim dividend, recovered ₹4.50 crore from a written-off receivable, and is exploring divestment of subsidiaries in Australia and Mexico. Despite challenges, management remains focused on long-term strategy and enhancing shareholder value.

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Symphony Limited , a leader in air cooling solutions, has reported a significant downturn in its financial performance for the first quarter of the fiscal year 2025-26. The company's unaudited standalone financial results, released on August 1, 2025, reveal substantial declines across key financial metrics.
Revenue Contraction
Symphony's revenue from operations for Q1 FY26 dropped to ₹229.00 crore, marking a considerable decrease from ₹373.00 crore in the same quarter of the previous fiscal year. This represents a year-on-year decline of approximately 38.60%.
Profit Margins Under Pressure
The company's profitability took a substantial hit during the quarter:
- Net profit fell to ₹37.00 crore, down from ₹69.00 crore in Q1 FY25, representing a 46.38% decrease.
- Profit before tax (PBT) declined to ₹49.00 crore from ₹91.00 crore year-over-year, a 46.15% reduction.
EBITDA Performance
The earnings before interest, taxes, depreciation, and amortization (EBITDA) also saw a significant contraction:
- EBITDA for Q1 FY26 stood at ₹26.00 crore, down from ₹87.00 crore in the corresponding quarter of the previous year.
- The EBITDA margin compressed to 11.35% from 23.32% year-over-year.
Operational Highlights
Despite the challenging quarter, Symphony implemented several strategic initiatives:
- The company declared a first interim dividend of ₹1.00 per equity share (50%) for FY 2025-26.
- Symphony recovered ₹4.50 crore from a previously written-off receivable, which was presented as an exceptional item in the financial results.
- The Board of Directors announced a strategic initiative to explore divestment or monetization of stakes in wholly-owned subsidiaries in Australia and Mexico.
Management Commentary
Achal Bakeri, Chairman and Managing Director of Symphony Limited, commented on the results: "The first quarter has been challenging for Symphony, reflecting broader market conditions. However, we remain focused on our long-term strategy, including expanding our product portfolio and optimizing our global operations. The recovery of previously written-off receivables and our strategic initiatives demonstrate our commitment to enhancing shareholder value."
Outlook
While Symphony faces headwinds in the short term, the company's management expressed confidence in its strategic direction. The ongoing efforts to streamline operations, expand product offerings, and explore potential divestments are aimed at positioning Symphony for future growth and improved performance.
Investors and analysts will be closely watching Symphony's performance in the coming quarters to assess the effectiveness of these strategic measures in navigating the current challenging business environment.
Symphony Limited will host an interaction with electronic media on August 4, 2025, to discuss the financial results, business outlook, and industry perspectives in more detail.
Historical Stock Returns for Symphony
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-2.07% | -2.17% | -2.39% | -17.83% | -10.49% | +30.19% |