Quarterly Result16 May 2026, 09:31 am
Symphony Ltd FY26 Revenue Down 28% YoY to ₹1,131 Cr
AI Summary
Symphony Ltd reported a 28% YoY decrease in consolidated revenue for FY26, reaching ₹1,131 crore. Standalone revenue also declined by 35% to ₹765 crore. The company's EBITDA margin contracted, attributed to operating deleverage. The board has proposed a final dividend of ₹5 per share. The company is undertaking a balance sheet reset for its Australian operations, including impairments of ₹259 crore at the consolidated level. Symphony will acquire CTPL’s IPRs for ~₹23 crore and Bonaire USA LLC for ~₹30 crore.
Key Highlights
- Symphony's FY26 consolidated revenue decreased by 28% YoY to ₹1,131 crore.
- The Board proposed a final dividend of ₹5 per share for FY26.
- Australia business faces reset with ₹259 crore consolidated impairment.
- Company to acquire CTPL's IPRs for ~₹23 crore and Bonaire USA LLC for ~₹30 crore.
- BISP contributed 49% of FY26 consolidated revenue, advancing strategic diversification.