Symphony Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 5 per equity share.
SYMPHONY · price
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Symphony Limited reported a consolidated net loss of ₹141 crore for FY 2025-26, a steep decline from ₹213 crore profit in FY 2024-25, primarily due to ₹208 crore in exceptional items including ₹173 crore goodwill impairment for Climate Holdings Pty Ltd. Revenue fell to ₹1,131 crore from ₹1,576 crore. Despite the loss, the Board recommended a final dividend of ₹5 per share (250%), taking total FY 2025-26 dividend to ₹9 per share (450%) amounting to ₹61.80 crore. The auditors issued unmodified opinions on both standalone and consolidated results.
The massive loss and revenue decline signal significant operational challenges, especially in international operations. However, the maintained dividend payout signals management confidence and provides shareholder returns despite poor profitability, which may limit downside but raises questions about dividend sustainability.