Symphony Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
04-11-2024 · 12:40 pm
Symphony Limited reported robust Q2 FY25 earnings, with standalone revenue growing 32% year-on-year to ₹259 crores and profit after tax (PAT) up 36% to ₹67 crores. The company's half-year revenue surged 72% to ₹632 crores, with PAT doubling to ₹136 crores. Despite a successful launch of new air cooler models and a promising entry into water heaters, delays in payments from a major distributor have prompted legal action. The board declared an interim dividend of ₹2 per share.
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