Friday, August 7, 2026

Symphony Q1 Results: Stock falls after profit halves, margins see big cut

Date:

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.

Also Watch | Nrupesh Shah, MD-Corporate Affairs, Symphonydiscusses the April-June 2025 (Q1FY26) figures in an interview with CNBC-TV18.

Following the earnings announcement, shares of Symphony Ltd. were trading 3% lower at ₹1,081.10.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

BRICS nations adopt joint declaration as India hosts industry ministers’ meet in Jaipur

The 10th BRICS Industry Ministers' Meeting, held under India's...

No UPI fee for customers, says FM Nirmala Sitharaman; MDR decision pending

Finance Minister Nirmala Sitharaman on Thursday clarified that UPI...

UPI needs a monetisation model to sustain growth, not boost profits: Pine Labs CEO

Pine Labs CEO Amrish Rau says it's time for...