Symphony Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
SYMPHONY · price
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Symphony Limited reported weak Q1 FY26 results with consolidated revenue from operations falling about 36% year-on-year to ₹251 crore (from ₹393 crore in Q1 FY25). Standalone revenue dropped similarly to ₹229 crore from ₹373 crore. Consolidated net profit (including discontinued operations) nearly halved to ₹42 crore from ₹88 crore, while standalone net profit fell to ₹37 crore from ₹69 crore. The board declared a 1st interim dividend of ₹1 per share (50% on face value of ₹2), totaling about ₹6.87 crore. An exceptional gain of ₹4.5 crore was booked from recovery of a previously written-off receivable from Pathways Retail. The company also reclassified its Australian (Symphony AU) and Mexican (IMPCO) subsidiaries as discontinued operations, as it explores divesting these stakes.
Sharp year-on-year decline in both revenue and profits signals weak demand or seasonal headwinds, which may pressure the stock in the short term. However, the interim dividend, clean auditor review, and progress on monetizing underperforming overseas subsidiaries could be viewed as positives by long-term investors.