Investor Applause: Symphony’s ₹8 Dividend and Profit Surge Steal the Spotlight

Image Source: Symphony

Symphony Ltd. has delivered an impressive performance for the March quarter, reporting a 64.6% year-on-year surge in consolidated net profit to ₹790 million. The company’s board has recommended a final dividend of ₹8 per share, reflecting strong earnings momentum and management’s confidence in future growth.

Key Highlights:

Profit Jumps 65%: Net profit for Q4 soared to ₹790 million, up from ₹480 million a year ago, driven by robust sales and improved operational efficiencies.
Revenue Growth: Consolidated revenue from operations climbed 47% year-on-year to ₹4.88 billion, fueled by strong demand and effective cost management.
Margin Expansion: EBITDA jumped 87.7% to ₹1.07 billion, with margins improving to 22% from 17.2% in the previous year, highlighting Symphony’s operational strength.
Generous Dividend: The board recommended a final dividend of ₹8 per share (400% of face value), underlining the company’s healthy cash flow and commitment to rewarding shareholders.
Market Response: Shares closed slightly higher ahead of the results, reflecting positive investor sentiment and anticipation of strong numbers.
Outlook: Management attributes the strong quarter to robust sales momentum, efficient cost controls, and a favorable market environment, positioning Symphony for continued growth