Symphony Q1FY27 profit dips 5% on consolidated basis despite revenue growth
On a standalone basis, PAT fell 24% to ₹28 crore from ₹37 crore in Q1FY26, while revenue increased 5% to ₹241 crore
Symphony Limited, an Ahmedabad-based air cooling company, reported a 5% decline in consolidated profit after tax (PAT) for Q1FY27, despite an 8% increase in revenue. On a standalone basis, the PAT drop was more significant at 24%, falling to ₹28 crore from ₹37 crore in Q1FY26, while standalone revenue rose by 5% to ₹241 crore. The company attributed the decline in standalone PAT to higher other income in the year-ago quarter, which did not recur.
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