Symphony Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported annual revenue of ₹1,131 crore. Despite facing challenges, the Board has recommended a final dividend of ₹5.00 per share (250%) for the FY 2025-26, bringing the total annual dividend to ₹9.00 per share. Additionally, the company has announced the reappointment of Mr. Nrupesh Shah as Managing Director – Corporate Affairs for a five-year term.
Financial Performance Overview
For the financial year ended March 31, 2026, Symphony Limited reported consolidated revenue from operations of ₹1,131 crore. The company recorded a consolidated net loss of ₹141 crore for the year. The quarterly performance for the period ended March 31, 2026, saw revenue of ₹338 crore. Exceptional items, including a ₹173.09 crore goodwill impairment charge related to Climate Holdings Pty Limited, significantly impacted the annual consolidated results.
Dividend Payout
The Board of Directors has demonstrated commitment to shareholder value by recommending a final dividend of ₹5.00 per equity share (with a face value of ₹2/-). This brings the total dividend for the 2025-26 financial year to ₹9.00 per share, representing a total payout of 450%. The final dividend remains subject to approval by shareholders at the upcoming Annual General Meeting.
Strategic Leadership Reappointment
In a move to ensure continued strategic focus, the Board has reappointed Mr. Nrupesh Shah as the Managing Director – Corporate Affairs. His new five-year term is effective from November 1, 2026. Mr. Shah, who has been with the company since 1993, has been recognized for his pivotal role in the company’s financial growth and the establishment of robust corporate governance practices.
Operational Updates
The company also announced significant internal restructuring, including the transfer of Bonaire USA LLC to be held directly under the parent company, Symphony Limited. Furthermore, the company has decided to retain certain land parcels in Thol, Gujarat, reclassifying them as investment property to focus on potential capital appreciation. These steps are part of a broader effort to optimize corporate structure and asset utilization.
Source: BSE
