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Symphony Limited ( (IN:SYMPHONY) ) has provided an announcement.
Symphony Limited reported largely flat standalone quarterly revenue and a 4% decline in consolidated revenue year-on-year for the December 2025 quarter, alongside a notable contraction in EBITDA margins driven mainly by higher advertising and sales promotion spends in its water heater business. For the first nine months of FY26, both standalone and consolidated revenues and profits declined sharply versus the prior year, yet the board approved a third interim dividend of ₹2 per share, taking total payout to ₹27.5 crore, while management highlighted normalized trade inventory levels and additional recovery of ₹4 crore from Pathways (₹8.5 crore year-to-date) against an earlier write-off. The company also disclosed that its IB-led divestment process for Climate Holdings in Australia and IMPCO in Mexico did not yield offers that met its valuation or strategic criteria, and, in light of evolving geopolitical conditions, Symphony now considers it strategically important to retain a direct presence in Mexico, the USA and Australia.
More about Symphony Limited
Symphony Limited is an India-based consumer durables company operating in the cooling and home appliances space, best known for air coolers and increasingly focused on related categories such as water heaters, with a presence in markets including Mexico, the USA and Australia.
Average Trading Volume: 3,748
Technical Sentiment Signal: Sell
Current Market Cap: 58.34B INR
For a thorough assessment of SYMPHONY stock, go to TipRanks’ Stock Analysis page.