Symphony Ltd reported a 31 per cent jump in consolidated revenue to ₹275 crore for the quarter ended September 2026. Strong performance from overseas units helped the company, while the India business saw modest growth. Symphony now plans to launch new products like air conditioners and fans in December 2026.
Symphony Ltd reported a sharp jump in consolidated revenue and operating profit for the quarter ended September 2026, driven primarily by overseas subsidiaries, even as its India standalone business posted modest growth.
Consolidated revenue from operations rose 31 per cent year-on-year to ₹275 crore from ₹210 crore in the same quarter last year. EBITDA surged 166 per cent to ₹36 crore from ₹13 crore, with the EBITDA margin expanding 6.6 percentage points to 13 per cent.
Consolidated profit after tax grew 44 per cent to ₹24 crore. For the first half of FY27, consolidated revenue stood at ₹653 crore, up 17 per cent, while EBITDA grew 63 per cent to ₹83 crore.
Standout performer
The overseas subsidiary IMPCO Mexico was the standout performer, with revenue up 131 per cent. CTPL Australia grew 54 per cent, while GSK China declined 29 per cent. Bonaire, USA, was described as a non-seasonal quarter. The company's Beyond India Summer Products (BISP) segment recorded trailing twelve-month revenue of ₹625 crore, representing 51 per cent of consolidated revenue.
On the India standalone business, revenue grew 9 per cent to ₹170 crore, with EBITDA rising 11 per cent to ₹30 crore. The standalone EBITDA margin held broadly flat at 17.5 per cent. Standalone PAT grew just 1 per cent to ₹29 crore, weighed down by a forex variance of ₹4 crore and lower treasury income of ₹3 crore. The standalone treasury position stood at ₹468 crore as of 30 September 2026.
Future plan
Looking ahead, Symphony announced plans to launch three new product categories in the December 2026 quarter: residential air conditioners, BLDC ceiling fans, and air purifiers. The company is entering the residential AC market with eight inverter variants across standard and heavy-duty series. The BLDC ceiling fan range comprises seven models, while the air purifier range is being marketed under the Silenzair brand with two models. The combined total addressable market for these categories exceeds ₹60,000 crore, according to the company.
Symphony shares closed at ₹511.60 on the NSE on October 29, 2026, up 1.70 per cent on the day, but remain down over 44 per cent year-to-date.