Symphony Q3 Profit Dips 39%, Shares Rise on Summer Recovery Hopes
Earnings
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CNBC TV18•28-01-2026, 18:51
Symphony Q3 Profit Dips 39%, Shares Rise on Summer Recovery Hopes
- •Symphony Limited reported a 39.5% year-on-year net profit decline to ₹81 crore in Q3.
- •Revenue fell 32.2% to ₹593 crore, and EBITDA slumped 59.5% to ₹79 crore.
- •EBITDA margin compressed significantly to 13.3% from 22.3% a year ago.
- •Despite weak results, Symphony's share price rose 1.84% on NSE to ₹843.00.
- •Investors anticipate a strong recovery in demand during the upcoming summer season for air coolers.
Why It Matters: Symphony's Q3 profit dropped significantly, but shares gained on investor optimism for summer demand.
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