Symphony Limited Announces Unaudited Standalone Financial Results for the Quarter and Nine Months Ended December 31, 2017
January 23, 2018 at 02:10 am
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Symphony Limited announced unaudited standalone financial results for the quarter and nine months ended December 31, 2017. For the quarter, the company's total revenue was INR 2,256.7 million against INR 1,895.7 million for the same period last year. Profit before tax was INR 936.6 million against INR 757.7 million for the same period last year. Net profit for the year was INR 663.1 million against INR 549.3 million for the same period last year. Earnings per share, basic and diluted, were INR 9.48 against INR 7.85 for the same period last year.
For the nine months the company's total revenue was INR 5,627.5 million against INR 5,072.5 million for the same period last year. Profit before tax was INR 1,975.9 million against INR 1,795.6 million for the same period last year. Net profit for the year was INR 1,410.2 million against INR 1,290.1 million for the same period last year. Earnings per share, basic and diluted, were INR 20.16 against INR 18.44 for the same period last year.
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.