Symphony Limited, a leading air cooler manufacturer, reported Q1 FY26 revenue of ₹229.00 crores, down 39% year-over-year due to a shortened and rain-disrupted summer season. Profit After Tax declined to ₹37.00 crores from ₹69.00 crores. Despite the decline, Q1 sales marked the second-highest June quarter ever. The company's diversification strategy showed promise, with alternative product categories now constituting 25% of Symphony India's sales. Symphony launched a new Air Force range of coolers and provided updates on international operations, including progress on divestment of IMPCO Mexico and Symphony Australia subsidiaries.
Symphony Limited announced Q1 financial results with a 36.13% year-on-year decrease in revenue to ₹251.00 crores and a 46.58% drop in net profit to ₹39.00 crores. Despite challenges, the company declared a first interim dividend of ₹1.00 per equity share. Symphony plans to explore divestment of stakes in its Australian and Mexican subsidiaries, now classified as discontinued operations. The air cooling segment generated ₹256.00 crores in revenue, while corporate funds contributed ₹16.00 crores. Geographically, India accounted for ₹201.00 crores of revenue, with ₹50.00 crores from the rest of the world.
01Aug 25
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.
29Jul 25
Symphony Limited Announces Q1 FY26 Results Conference Call on August 1
Symphony Limited, a leader in air cooling solutions, has announced an analysts conference call on August 1, 2025, at 4:30 PM IST to discuss Q1 FY26 financial results. The call will feature top management including Chairman & MD Achal Bakeri and Group CEO Amit Kumar. Participants can join via audio link or international toll-free numbers.
25Jul 25
Symphony Limited Expands Divestment Plan to Include Australian Subsidiary SAPL
Symphony Limited has expanded its divestment strategy to include Symphony AU Pty Limited (SAPL), its wholly-owned Australian subsidiary. SAPL holds 100% equity in Climate Technologies Pty Limited. The decision was made during a board meeting on July 25, 2025. The company has set August 7, 2025, as the record date for the 1st Interim Dividend for FY 2025-26. A board meeting is scheduled for August 1, 2025, to approve Q1 financial results and consider the interim dividend declaration.
24Jul 25
Symphony Limited Announces Record Date for First Interim Dividend of FY 2025-26
Symphony Limited has announced August 7, 2025, as the record date for the first interim dividend of FY 2025-26. The Board of Directors will meet on August 1, 2025, to consider Q1 financial results and potentially declare the dividend. Shareholders on record as of August 7, 2025, will be eligible for the dividend if declared.
Symphony Ltd announced impressive Q4 financial results, with revenue increasing 47% year-over-year to ₹488.00 crore and net profit rising 65% to ₹79.00 crore. The company's EBITDA margin expanded by 480 basis points to 22.00%. Symphony plans to exit loss-making subsidiaries in Australia and Mexico to optimize international operations. Management projects stable margins through fiscal year 2026.
Symphony Ltd, a leader in air cooling solutions, reported impressive Q4 FY24 results with net profit up 64.60% to ₹79.00 crore and revenue growing 47.00% to ₹488.00 crore. EBITDA jumped 87.70% to ₹107.00 crore, with margin improving to 21.93%. The board recommended a final dividend of ₹8.00 per share. Despite strong Q4 performance, annual figures for FY24 showed slight declines in revenue, net profit, and EBITDA compared to FY23.
19Apr 25
Symphony Ltd. Plans Strategic Divestments to Boost Growth and Efficiency
Symphony Ltd. announces plans to explore divestment options for its subsidiaries in Australia and Mexico. The company aims to enhance capital efficiency and focus on higher-growth opportunities in India and other international markets. Climate Technologies in Australia, despite a Rs 350 crore investment, remains EBITDA-negative, while IMPCO in Mexico reports strong performance with Rs 24 crore EBITDA. Additionally, Symphony plans internal restructuring, including a Rs 43 crore technology transfer from GSK China to IMPCO Mexico.
08Apr 25
Symphony Limited to Consider Divestment of Subsidiaries and Sale of Chinese Tech Assets
Symphony Limited has announced a board meeting on April 12, 2025, to discuss potential divestment of its Australian and Mexican subsidiaries, and the sale of technology and intellectual property rights from its Chinese subsidiary to IMPCO for approximately USD 5.10 million. The board will also review ESG initiatives in compliance with SEBI regulations.