Q3 Results: Symphony, Heritage Foods See Sharp Profit Decline; One Declares Dividend
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CNBC Awaaz•28-01-2026, 18:04
Q3 Results: Symphony, Heritage Foods See Sharp Profit Decline; One Declares Dividend
- •Symphony and Heritage Foods, both BSE 1000 companies, announced their Q3 results after market close on Wednesday.
- •Symphony's net profit plunged 39.5% to ₹81 crore, with revenue down 32.2% and EBITDA falling 59.5%.
- •Symphony declared a third interim dividend of ₹2 per equity share, payable by February 22, 2026.
- •Heritage Foods' net profit decreased by 19.8% to ₹34.5 crore, though its revenue increased by 8.2%.
- •Heritage Foods' EBITDA dropped 15%, leading to a decline in its EBITDA margin to 5.6%.
Why It Matters: Symphony and Heritage Foods reported significant profit declines in Q3, despite one declaring a dividend.
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