Symphony CMD Flags Margin Pressure, Expects 2028 Summer To Be Much Better
Symphony CMD Achal Bakeri expects the summer season in 2028 to be significantly better, while acknowledging continued headwinds as long as geopolitical tensions persist. According to him, uneven summers, war-related concerns and higher input costs impacted earnings, putting pressure on margins. Bakeri further mentioned the company's plans to invest in manufacturing capabilities and expects new product launches to support topline growth in the future.
