Symphony Limited has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, alongside the declaration of a first interim dividend of ₹1 per equity share (50%) having a face value of ₹2 each. On a consolidated basis, the company reported revenue from operations of ₹378 Crores for Q1 FY27, registering a sequential increase of 11.83% compared to ₹338 Crores in Q4 FY26, and an 8.00% growth compared to ₹350 Crores in Q1 FY26. Consolidated net profit for the quarter stood at ₹40 Crores, rebounding significantly from a net loss of ₹218 Crores in Q4 FY26 (a turnaround of 118.35%), while registering a modest decline of 4.76% compared to ₹42 Crores reported in the corresponding quarter of the previous year.
| Financial Parameter | Current Quarter (Q1 FY27) | Previous Quarter (Q4 FY26) | Corresponding Quarter (Q1 FY26) | QoQ Increase / (Decrease) (%) | YoY Increase / (Decrease) (%) |
|---|---|---|---|---|---|
| Revenue from Operations (Consolidated) | ₹378 Crores | ₹338 Crores | ₹350 Crores | +11.83% | +8.00% |
| Net Profit / (Loss) (Consolidated) | ₹40 Crores | (₹218 Crores) | ₹42 Crores | +118.35% | -4.76% |
Founded in 1988 and headquartered in Ahmedabad, India, Symphony Limited is recognized as a global leader in air cooling solutions, catering to residential, commercial, and industrial segments across more than 60 countries. The company offers an extensive portfolio of cooling appliances, tower fans, air coolers, and water heaters under renowned global brands such as Keruilai, Bonaire, and Imaco. During 2025, the company navigated strategic realignments, including evaluating divestment options for overseas subsidiaries before rolling back the process in early 2026 due to evolving geopolitical landscapes, while executing key internal restructuring such as transferring Bonaire USA LLC and core intellectual properties directly to the parent company. Promoters hold a dominant stake of 73.43% in the company, with notable institutional backing from domestic mutual funds like HDFC Mutual Fund and foreign portfolio investors, reflecting strong long-term confidence in its market leadership and niche business model.
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