Symphony Limited announced robust financial results for the second quarter of FY27. Consolidated revenue surged by 31% to ₹275 crore, while EBITDA saw a remarkable increase of 166% to ₹36 crore. The company’s consolidated EBITDA margin expanded by 660 basis points to 13.0%. Additionally, the Board approved a second interim dividend of ₹2 per share, amounting to ₹20.6 crore for FY26-27.
Symphony Reports Strong Q2 FY27 Financial Performance
Symphony Limited has released its financial results for the second quarter of FY27, showcasing significant growth across key metrics. Consolidated revenue increased by 31% year-on-year to ₹275 crore, driven by strong performance from overseas subsidiaries and measured growth in India. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a substantial jump of 166%, reaching ₹36 crore.
Margin Expansion and Profitability
Operating leverage and cost discipline were key contributors to the impressive EBITDA growth, leading to an expansion of the consolidated EBITDA margin by 660 basis points to 13.0%. Profit after tax (PAT) increased by 44% to ₹24 crore. This performance was achieved despite gross margin pressures stemming from elevated input costs.
Standalone Performance Highlights
On a standalone basis, revenue from operations grew by 9% to ₹170 crore, with Indian revenue up 12% following post-summer inventory normalisation. Standalone EBITDA rose by 11% to ₹30 crore, and the EBITDA margin improved to 17.5%. Standalone PAT stood at ₹29 crore.
Dividend Approval and Strategic Outlook
In recognition of its financial performance, the Board of Directors approved a second interim dividend of ₹2 per share (face value ₹2) for FY26-27, bringing the year-to-date payout to ₹20.6 crore. The company also highlighted progress in expanding into new product categories such as Room Air Conditioners, BLDC Ceiling Fans, and Air Purifiers, with calibrated commercial launches planned for December 2026.
Key Performance Drivers
- IMPCO Mexico recorded 131% year-on-year revenue growth.
- CTPL Australia reported 54% growth.
- Operating leverage and cost discipline supported EBITDA growth of 166% and margin expansion of 660 basis points.
- Adverse foreign-exchange variance and lower treasury income moderated PAT growth, partly offset by Pathways recovery.
Source: BSE
