Hot Pursuit     26-Oct-21
Symphony rises after strong Q2 performance
Symphony gained 1.96% to Rs 1059.20 after the company reported 100% rise in consolidated net profit to Rs 30 on a 16% increase in sales to Rs 220 crore in Q2 FY22 as compared with Q2 FY21.

EBITDA (excluding exceptional items) improved by 37% to Rs 48 crore in the second quarter from Rs 35 crore recorded in the same period last year. EBITDA margin was 21% as on 30 September 2021 as against 14% as on 30 September 2020.

Profit before tax in Q2 FY22 stood at Rs 40 crore, up by 110% from Rs 19 crore in Q2 FY21.

Symphony manufactures air coolers for domestic, commercial and industrial customers in 60 countries across the globe.

Previous News
  Symphony consolidated net profit rises 85.71% in the December 2022 quarter
 ( Results - Announcements 08-Feb-23   15:48 )
  Symphony consolidated net profit rises 10.00% in the September 2022 quarter
 ( Results - Announcements 20-Oct-22   13:38 )
  Symphony standalone net profit rises 40.63% in the September 2022 quarter
 ( Results - Announcements 20-Oct-22   13:00 )
  Symphony designates Nrupesh Shah as MD - Corporate Affairs
 ( Corporate News - 27-Oct-23   16:01 )
  Board of Symphony approves buyback of shares up to Rs 200 cr
 ( Corporate News - 08-Feb-23   14:23 )
  Volumes spurt at Rallis India Ltd counter
 ( Hot Pursuit - 20-Oct-22   14:31 )
  Board of Symphony recommends Second Interim Dividend
 ( Corporate News - 20-Oct-22   14:01 )
  Symphony consolidated net profit declines 22.22% in the December 2021 quarter
 ( Results - Announcements 25-Jan-22   12:44 )
  Symphony consolidated net profit rises 87.50% in the September 2021 quarter
 ( Results - Announcements 26-Oct-21   15:30 )
  Symphony standalone net profit rises 18.52% in the September 2021 quarter
 ( Results - Announcements 26-Oct-21   15:24 )
  Symphony rises after Q2 PAT spurts 10% YoY to Rs 33 cr
 ( Hot Pursuit - 20-Oct-22   13:35 )
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