Symphony Limited announced its financial results for the quarter and year ended March 31, 2026. The company declared a final dividend of ₹5.00 per share, bringing the total dividend for FY 2025-26 to ₹9.00 per share. Additionally, the Board approved the reappointment of Mr. Nrupesh Shah as Managing Director – Corporate Affairs for another five-year term, effective from November 1, 2026, to ensure continued strategic leadership.
Financial Performance Overview
For the fiscal year ended March 31, 2026, Symphony Limited reported total income of ₹1,192 crore on a consolidated basis. The company faced a challenging year, resulting in a consolidated net loss of ₹141 crore. The Q4 financial results were impacted by specific exceptional items, including a ₹173.09 crore impairment charge related to goodwill for its subsidiary, Climate Holdings Pty Limited.
Dividend Declaration
The Board of Directors has recommended a final dividend of ₹5.00 (250%) per equity share for the financial year 2025-26. When combined with the three interim dividends of ₹4.00 paid during the year, the total dividend payout aggregates to ₹9.00 per share, representing a 450% return on the ₹2 face value. This payout is subject to shareholder approval at the upcoming Annual General Meeting.
Leadership Reappointment
Symphony Limited has confirmed the reappointment of Mr. Nrupesh Shah as Managing Director – Corporate Affairs for a further five-year period. Mr. Shah, who has been with the company since 1993, has played a pivotal role in its growth and financial governance. His extensive experience in corporate affairs and strategic management will continue to support the company’s long-term business objectives following the commencement of his new term on November 1, 2026.
Strategic Business Updates
The company continues to realign its operational strategy. Key updates include the closure of the Climate Technologies Pty Limited manufacturing site in Australia and the decision to retain certain land assets in Ahmedabad for long-term capital appreciation rather than divestment. Furthermore, the company has completed a restructuring move by transferring the intellectual property rights and the stake in Bonaire USA LLC directly under the parent entity, Symphony Limited, to streamline internal operations.
Source: BSE