New Launch23 Dec 2024, 10:35 pm
Symphony Limited Reports Significant Advancement with Launch of 17 New Air Cooler Models
AI Summary
Symphony Limited has announced the launch of 17 new models of air coolers, representing a significant advancement in air cooler technology. The company has received an overwhelming response from trade partners and the highest ever off-season advance collection. However, most of the revenue from these new models will be recognized in the March’25 quarter, with only a portion in the December’24 quarter.
Key Highlights
- Symphony Limited launches 17 new air cooler models
- New models expected to drive growth and innovation in the market
- Company receives highest ever off-season advance collection
- Revenue from new models mainly recognized in March’25 quarter
- December’24 quarter will not witness corresponding sales despite record advance collection