Symphony reported its June quarter earnings on Friday, August 1, with declines across all key metrics on a year-on-year basis.Net profit for the quarter stood at ₹42 crore, down 52.3% from ₹88 crore in the same period last year.
Revenue fell 36% year-on-year to ₹251 crore, compared to ₹393 crore a year ago.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) dropped 70% to ₹26 crore from ₹87 crore in the corresponding quarter of the previous year.EBITDA margin contracted by 1,178 basis points to 10.36%, down from 22.14%.
The company also declared its first interim dividend of ₹1 per equity share of face value ₹2 each for the financial year 2025-26.
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Following the earnings announcement, shares of Symphony Ltd. were trading 3% lower at ₹1,081.10.