Recommended Final Dividend for FY - 2025-26 at the rate of Rs.5/- per share
SYMPHONY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Symphony Ltd's board has recommended a final dividend of Rs.5 per share (250% on Rs.2 face value) for FY 2025-26, amounting to Rs.34.34 crores. The total dividend for the year aggregates to Rs.9 per share (450%), totaling Rs.61.80 crores, which includes three interim dividends of Rs.4 per share already paid. However, the company reported a consolidated net loss of Rs.141 crores for FY 2025-26, a significant decline from a profit of Rs.213 crores in the previous year. Revenue from operations fell to Rs.1,131 crores from Rs.1,576 crores. The loss was primarily driven by exceptional items of Rs.208 crores, including a Rs.173.09 crores goodwill impairment for Climate Holdings Pty Ltd and Rs.35.47 crores impairment of property, plant & equipment and intangible assets. Auditors B S R & Co. LLP issued unmodified audit reports.
Despite reporting a massive net loss of Rs.141 crores, the company is maintaining its dividend commitment with total payout of Rs.9 per share. This indicates management confidence in the core business, though the substantial goodwill impairment raises concerns about asset quality and future earnings potential from overseas subsidiaries.