Symphony Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
April 30, 2024 at 09:26 am
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Symphony Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 3,320 million compared to INR 3,080 million a year ago. Revenue was INR 3,410 million compared to INR 3,180 million a year ago. Net income was INR 480 million compared to INR 160 million a year ago. Basic earnings per share from continuing operations was INR 7.02 compared to INR 2.29 a year ago.
For the full year, sales was INR 11,560 million compared to INR 11,880 million a year ago. Revenue was INR 12,070 million compared to INR 12,380 million a year ago. Net income was INR 1,480 million compared to INR 1,170 million a year ago. Basic earnings per share from continuing operations was INR 21.43 compared to INR 16.66 a year ago.
Symphony Limited is an India-based air-cooling company, which is in the field of residential, commercial, and industrial air cooling and other appliances both in the domestic and international markets. The Company operates through Air Cooling and Other Appliances Business segment. Air Cooler. Its products include Residential Cooler, Commercial Coolers, Large Space Venti-Cooling, Tower Fans, Personal Cooler, Desert Cooler, Tower Cooler, and Portable Cooler. The Household Coolers products include Windblast 70 XL Desert Air Cooler, Jumbo 45DB Desert Air Cooler, Jumbo 70 Desert Air Cooler, Siesta 45XL Desert Air Cooler, Winter I Desert Air Cooler with 56L Water Tank, Winter XL Desert Air Cooler, Sumo 40 XL Desert Air Cooler, Storm C 100i Desert Air Cooler, Storm 70i Desert Air Cooler, Storm 70 XL Desert Air Cooler. Its Tower Fans include Duet Mini Personal Table Cooling Fan, Duet-I Indiaâs 1st Kitchen Cooling Fan, Duet I-S Cooling Fan, Surround-I (White) Bladeless Tower Fan, and others.