Symphony Ltd. Sees Surge in Share Prices Following Impressive Q4 Results
In a remarkable turn of events, Symphony Ltd. witnessed its share price soar by over 10% during morning trading on Thursday, following the release of its Q4 financial results after market hours on Wednesday. The company not only reported a significant increase in profits but also declared a final dividend, further enticing investors.
Strong Financial Performance
Symphony’s consolidated net profit for the January to March quarter skyrocketed by 64.6% year-on-year, reaching ₹79 crore, compared to ₹48 crore during the same period last year. This impressive growth in profitability underscores the company’s robust performance, driven by various factors.
- Revenue Growth: The company’s revenue surged by 47% year-on-year, climbing to ₹488 crore, up from ₹332 crore.
- Improved Margins: Symphony’s margins improved to 22%, a significant increase from 17.2% in the previous year.
- EBITDA Boost: The EBITDA witnessed an extraordinary rise of 87.7%, reaching ₹107 crore, compared to ₹57 crore in the prior quarter.
Record Milestones Achieved
For the fiscal year 2025, Symphony marked several noteworthy accomplishments. The company achieved its highest-ever revenue for the March quarter, reflecting an impressive 47% growth from the same quarter last year. Moreover, Symphony surpassed the ₹1,500 crore milestone in annual revenue, totaling ₹1,576 crore, which translates to a 36% increase.
- Standalone Success: At the standalone level, Symphony achieved annual revenue of ₹1,182 crore, marking a 49% increase year-on-year.
Dividend Announcement
In a significant move for shareholders, Symphony’s Board of Directors recommended a final dividend of ₹8 per share, based on a face value of ₹2, for the fiscal year 2025. This dividend is pending approval at the upcoming Annual General Meeting (AGM) and will result in a total shareholder payout of ₹178.4 crore, amounting to 84% of the consolidated Profit After Tax (PAT) for the year.
Share Price Movement
On Thursday, Symphony’s share price opened at ₹1,320.90 on the BSE, reflecting an increase of over 10% compared to the previous day’s closing price of ₹1,193.35. The stock reached an intraday high of ₹1,348.85, representing a gain of more than 13% from the prior day’s close.
This stellar performance and strategic decisions by Symphony Ltd. have not only captured investor interest but also solidified its standing in the market. As the company continues to innovate and grow, investors are keenly watching its next moves.