Hot Pursuit     07-Feb-20
Symphony soars after Q3 PAT jumps 38%
Symphony jumped 11.16% to Rs 1379.8 after consolidated net profit jumped 37.84% to Rs 51 crore in Q3 December 2019 as against Rs 37 crore reported in Q3 December 2018.
Net Sales for Q3 December 2019 stood at Rs 288 crore, rising 20% year-on-year (YoY). Profit before tax (PBT) for Q3 December 2019 stood at Rs 73 crore, up by 43.14% YoY. EBITDA jumped 40% YoY to Rs 79.08 crore in Q3 December 2019. EBITDA margin improved to 26% in Q3 December 2019 from 22% in Q3 December 2018. The result was announced during trading hours today.

Commenting on company's Q3 performance, Nrupesh Shah, Executive Director of Symphony said, "The company launched path-breaking models in residential and commercial segments. They are innovative in design, format and features. They have received overwhelming response. We have performed well in challenging environment due to strong pipeline of innovation, branding, depth and breadth of marketing network."

The company has also declared an interim dividend of Rs 2 and a special dividend of Rs 18 per equity share.

Symphony provides air cooling solutions across homes, workplaces, industrial plants & factories across the globe.

Previous News
  Board of Symphony recommends interim dividend
 ( Corporate News - 31-Jan-24   10:21 )
  Symphony fixes record date for 2nd interim dividend
 ( Market Beat - Reports 04-Nov-19   16:49 )
  Volumes soar at Crompton Greaves Consumer Electrical Ltd counter
 ( Hot Pursuit - 19-Dec-19   11:00 )
  Symphony appoints ED and Group CEO
 ( Corporate News - 22-Jun-21   14:29 )
  Volumes jump at ICRA Ltd counter
 ( Hot Pursuit - 02-Mar-21   14:30 )
  Symphony consolidated net profit declines 38.00% in the September 2018 quarter
 ( Results - Announcements 29-Nov-18   12:51 )
  Symphony fixes record date for 1st interim dividend
 ( Corporate News - 19-Jul-22   20:16 )
  Symphony to acquire 95% stake in Australia based Climate Technologies
 ( Corporate News - 22-Jun-18   16:00 )
  Symphony consolidated net profit rises 87.10% in the September 2019 quarter
 ( Results - Announcements 13-Nov-19   13:51 )
  Symphony to announce Quarterly Result
 ( Corporate News - 14-Oct-22   12:35 )
  Symphony consolidated net profit declines 89.74% in the March 2019 quarter
 ( Results - Announcements 22-May-19   17:31 )
Other Stories
  PEL board OKs ad hoc appointments post Rupen Patel's passing
  06-Jul-24   16:41
  Info Edge Q1 FY25 billings climb 11% YoY
  06-Jul-24   15:50
  IndusInd Bank advances climb 16% YoY in Q1 FY25
  06-Jul-24   15:18
  Adani Wilmar reports 13% volume growth in Q1 FY25
  06-Jul-24   14:44
  Tata Motors JLR wholesale rises 5% YoY in Q1
  06-Jul-24   13:01
  Marico's domestic biz sees modest volume growth in Q1
  06-Jul-24   12:25
  Titan revenue rises 9% YoY, adds 61 stores in Q1
  06-Jul-24   11:09
  Dabur India expects mid to high digit revenue growth in Q1
  06-Jul-24   10:40
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
Back Top