Symphony Limited — Investor Meet, 04-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
04-02-2026 | 02:11 pm
04-02-2026 | 02:11 pm
Symphony reported Q3 FY26 standalone revenue of ₹182 Cr (flattish YoY) with ₹34 Cr PAT. Consolidated Q3 revenue was ₹233 Cr, generating ₹20 Cr PAT. The Board rolled back plans to divest IMPCO Mexico and Climate Holdings Australia, citing a valuation gap and strategic considerations. Management sees strong potential in these international businesses and plans to nurture them. Air cooler trade inventory is normalized. Non-core products, including water heaters, now contribute over 25% to India's 9M sales and are growing steadily. The company maintains significant air cooler market leadership and is confident in long-term structural growth.
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