Symphony Share Price Surges Over 12% After Q4 Profit Jump
Symphony recommended a final dividend of Rs 8 per share.
Symphony Ltd.'s share price jumped over 12% after the company's consolidated net profit rose 65% in the quarter ended March 31, 2025. The stock was trading at high volume on Thursday.
The household appliances company came out with its fourth quarter results on Wednesday and reported a 46.98% rise in revenue to Rs 488 crore versus Rs 332 crore in the same quarter last year. Ebitda surged 87.71% to Rs 107 crore, compared to Rs 57 crore in the year ago period and margin expanded 475 bps to 21.92% versus 17.16%.
Net profit rose 64.58% at Rs 79 crore versus Rs 48 crore last year. Additionally the firm recommended a final dividend of Rs 8 per share of face value of Rs 2 each for fiscal 2025, subject to approval from shareholders at the next annual general meeting.
Symphony Share Price Today
Share price for Symphony rose as much as 12.33% to Rs 1,347.90 apiece, the highest level since Feb. 6, 2025. It pared gains to trade 8.52% higher at Rs 1,302.10 apiece, as of 12:45 p.m. This compares to a 0.05% decline in the NSE Nifty 50.
The stock has fallen 3.13% year-to-date, but risen 38.50% in the last 12 months. Total traded volume so far in the day stood at 49 times its 30-day average. The relative strength index was at 64.09.
Out of nine analysts tracking the company, five maintain a 'buy' rating, two recommend a 'hold' and two suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 5.8%.
