Symphony

Symphony share price falls 11% as Q3 result disappoints investors

Along with the results, Symphony's board has also declared the third interim dividend of Rs 2 (100 per cent) per equity share with a face value of Rs 2 each for the financial year 2024-25

Symphony Orchestra of India to host maestros Zubin Mehta, Mark Elder

The Symphony Orchestra of India (SOI) opens its spring 2025 season on Saturday with a performance led by legendary conductor Zubin Mehta at Jamshed Bhabha theatre here at the National Centre for the Performing Arts (NCPA). The nearly-month long celebration of western classical music will also feature British conductor Sir Mark Elder, along with internationally renowned operatic voices, including Roberta Mantegna, Olesya Petrova, Luciano Ganci, and George Petean, and the city's own choirs. The season opens with Mehta leading the orchestra to perform Beethoven's 'Leonore Overture No. 3, Op. 72b' and Dvorak's 'Symphony No. 7, Op.70'. He will also present Chopin's 'Piano Concerto No. 2, Op. 21', which is known for its lyrical beauty and emotional depth, with renowned classical pianist Alexander Gadjiev. "The SOI Spring 2025 Season promises to be an extraordinary celebration of music, with legendary conductors and exceptional soloists joining forces to deliver a series of unforgettable .

Untimely rains dent summer sales; to keep durable stocks in check: Analysts

Analysts expect the stocks to remain weak in the near-term as lower sales offtake will lead to companies missing their earnings estimates for the April-June quarter (Q1FY24)

Symphony Q4 net profit falls 75% to Rs 16 crore; revenue down 19.7%

Air cooler and appliances maker Symphony Ltd on Friday reported a decline of 75 per cent in its consolidated net profit at Rs 16 crore for the March quarter. The company had posted a net profit of Rs 64 crore in the January-March quarter a year ago, Symphony said in a BSE filing. Its revenue from operations was also down 19.79 per cent to Rs 308 crore during the quarter under review, as against Rs 384 crore in the year-ago period. Its total expenses in Q4FY23 were down 4.83 per cent to Rs 295 crore as against Rs 310 crore of the corresponding quarter a year ago. Its total revenue in the March quarter was down 20.5 per cent to Rs 318 crore. For the financial year ended March 2023, Symphony's net profit was down 4.13 per cent to Rs 116 crore against Rs 121 crore in FY22. However, its consolidated revenue from operations in FY23 increased 14.34 per cent to Rs 1,188 crore from Rs 1,039 crore a year ago. Meanwhile, in a separate filing, Symphony informed its board in a meeting held o

Analysts see more upside in consumer appliance stocks as temperatures soar

White goods stocks: With the mercury currently on the boil, analysts remain bullish on the sector as they see more upside over the near-term and advise investors to pick stocks selectively

Symphony slips 7% as stock trades ex-date for share buyback

The board, at its meeting held February 08, 2023, had approved and announced share buyback up to Rs 200 crore at a share price of Rs 2,000 per share via tender offer

Ahead of searing summer, analysts bet on consumer appliance stocks

Analysts expect a rise in demand for air conditioners, coolers, fans and refrigerators to help related companies clock firm sales following the post-Diwali slump due to inflationary pressures

Symphony bets on e-commerce, D2C for resurgent summer sales of air-coolers

The world's largest manufacturer of air-coolers is not only witnessing a spike in share of e-commerce platforms such as Amazon and Flipkart in its domestic sales but also from its D2C website

Consumer durable stocks rally; Voltas jumps 10%, Symphony up 7% post Q4 nos

For the quarter under review, Voltas reported a 12.52 per cent year-on-year (YoY) increase in its consolidated net profit at Rs 159.50 crore

Bajaj Finance, Symphony: 10 stocks that have zoomed over 5,000% in 10 years

As many as 63 stocks have zoomed over 1,000 per cent during this period

Symphony falls 9% on disappointing Q2 results

The stock slipped 9% to Rs 871 on the BSE in intra-day trade after the company reported a 38% YoY decline in consolidated net profit at Rs 310 million in September quarter.

Symphony tanks 20% on weak Q1 results

The stock tanked 20% to Rs 1,125, also its 52-week low on the NSE after the company's consolidated net profit almost halved to Rs 200 million in June 2018 quarter.

Symphony Q4 net flat to Rs 47 cr on a staggering 10-fold rise in ad costs

Advertising and sales promotion expenses went up to Rs 13.28 crore as against Rs 1.32 crore

Symphony Q3 net up 27% at Rs 46.52 crore

The net sales during during the quarter stood at Rs 137.15 crore, up 10%