SYMPHONY (SYMPHONY)
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Symphony Q2 net profit jumps 41%, stock rises 9% on margin expansion
Symphony Q2 net profit up 41%, margins expand sharply — Board declares second interim dividend; stock up 9% - Published OnOct 29, 2026 | 14:06 IST - Last Updated OnOct 29, 2026 | 14:06 IST Symphony shares rallied as stellar second-quarter earnings showed profits surging and operational margins expanding sharply. Strong demand drove revenues higher while profitability more than doubled, prompting the board to announce a fresh interim dividend.
Symphony shares rally 13.5% on product foray
Symphony stock rallies 13.5% on foray into AC, air purifiers & BLDC fans Symphony share price opened at ₹585.05 as against the last closing price of ₹574.60 and soon rallied to the day's high of ₹652.25, resulting in a 13.51 per cent upside. Listen to This Article Symphony shares rallied 13.5 per cent in Tuesday's intraday deals after the company announced a foray into new consumer-durable categories to strengthen long-term growth prospects.
Symphony expands into AC, fans, air purifiers, shares jump 14%
2 Min Read Symphony shares gained nearly 14% on Tuesday, September 8, after the company said it is expanding its India portfolio into three new categories — room air conditioner (RAC), brushless direct current (BLDC) ceiling fans and air purifiers. This is the stock's biggest single-day gain since August 6, 2024, when the it had risen 18.9%. The company aims to broaden addressable market via adjacent consumer durable categories with long-term growth potential.
Symphony leans on cost controls to defend margins, skips FY27 guidance
Symphony banks on cost controls to protect margins as input costs rise - Edited byalphadesk - Published OnOct 30, 2026 | 11:10 IST - Last Updated OnOct 30, 2026 | 11:10 IST Hiren Gajjar, Head of Investor Relations & Treasury at Symphony, said pricing actions will remain measured as demand for air coolers is concentrated during the summer season and the company continues to monitor input costs and global developments.
Symphony sees FY27 upturn as inventories normalize
Nrupesh Shah, MD-Corporate Affairs at Symphony, expects 2026-27 (FY27) to be a stronger year after inventories across the company and trade channels returned to normal levels. He said robust demand across alternate sales channels, improving overseas performance and growth in the company's non-seasonal business should support performance in both domestic and international markets. Shah also expects overseas subsidiaries, barring the Australia business, to deliver better results this year.
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