Results - Announcements
Symphony Ltd share price ticked higher by 1.70% to Rs 511.25. The Company's net profit plunged by 40% to Rs 24.0 crore, while revenue from operations dropped sharply 27.25% to Rs 275.0 crore in Q3FY26 over Q2FY26.
The market capitalization of Household Appliances industry group stocks on BSE stood at Rs 2.98 lakh crore, slipping 3.06%. It has improved by 5.35% over last one week and edged lower by 4.52% in last one month while the market capitalization of Symphony Ltd has inched up 3.31% and 25.77% in the same period respectively.
Profit before tax (PBT) of Symphony Ltd stood at Rs 38.0 crore in Q3 FY26, rallying 80.95% year-on-year, and crashing by 24.00% quarter-on-quarter. EBITDA came in at Rs 33 crore, tanking 1200.00% YoY and remaining flat sequentially.
Total expenses saw a steep drop of 27.51% to Rs 245.0 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 15.0 crore, tumbling by 58.33% YoY, while employee benefits expense was at Rs 35.0 crore, easing 2.94% YoY.
For the TTM ended FY26, revenue from operations slumped by 28.24% to Rs 1131.0 crore, while net profit witnessed a sharp fall of 166.20% to Rs 141.0 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 26100% to Rs 63.0 crore, and PBT collapsed by 121.07% to Rs 59.0 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 81.0 crore in FY26, as against Rs 259.0 crore in FY25.
Symphony Ltd nosedived by 44.05% in last one year, underperforming the benchmark BSE Sensex which has declined by 12.76% during the same period.