Symphony Limited has informed the Exchange that Board of Directors at its meeting held on August 01, 2025, declared Interim Dividend of 1 per equity share.
SYMPHONY · price
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Symphony Limited reported its Q1 FY26 results (quarter ended June 30, 2025) alongside declaring a 1st interim dividend of ₹1.00 per share (50% on face value of ₹2), totaling ₹6.87 crores. Consolidated revenue from operations fell sharply to ₹251 crores from ₹393 crores in Q1 FY25, a drop of about 36% year-on-year. Net profit from continuing operations declined to ₹39 crores (vs ₹73 crores), while total net profit (including discontinued operations) came in at ₹42 crores versus ₹88 crores, roughly halving year-on-year. Consolidated EPS fell to ₹6.08 from ₹12.76. The company recovered ₹4.50 crores from Pathways Retail (shown as exceptional item), and its Australian subsidiary's Salisbury manufacturing site was closed on July 3, 2025 as part of a shift to outsourced manufacturing.
The steep revenue and profit decline reflects weak seasonal demand and the reclassification of Australian/Mexican subsidiaries as discontinued operations ahead of their planned divestment. The interim dividend of ₹1 per share signals continued shareholder returns despite the weak quarter, but investors should note that the core air cooling business shrank significantly and ongoing restructuring costs are likely to weigh on near-term earnings.