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Symphony Limited Earnings Release 2019
60717_rns_2019-07-31_b9ccf0d3-de64-4a48-91cc-b6fbf22d1b10.pdf
Earnings Release
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July 31, 2019
To, BSE Limited Security Code - 517385
National Stock Exchange of lndia Limited Symbol - SYMPHONY
Sub.: Media Release - Un-audited Financial Resultsforthe quarter ended June 30,2019
Dear SiL
This is in reference to the above captioned subject line and in continuation with our today's announcement, We are enclosing herewith media release titled "Symphony ttd, PAT at { 33.41 Crores in Q1 FY 2019-29'along with financial highlights.
This in due Compliance of Regulation 30 and other applicable provisions, if any of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take note of the same and oblige.
Thanking you,
Yours Truly,
For, Symphony Limited
@-€-.-€'
Mayur Barvadiya Company Secretary
Email: [email protected]
Media Release
Symphony Ltd, PAT at < 33.41Cr. in Q1 FY 2OL9-20
Financial Highlights:
| (t Crores) | ||||||
|---|---|---|---|---|---|---|
| Pa rticulars | Consolidated | Standalone | ||||
| (3 Months Ended) FY19 |
(3 Months Ended) FY18 |
Growth t%t |
(3 Months Ended) FY19 |
(3 Months Ended) FY18 |
Growth l%l |
|
| Net Sales F |
291.30 | 145.56 | LOO% | 159.50 | 79.00 | 702% |
| Net Profit | 33.4t | 20.10 | 66% | 26.4L | 4.7 6 | 45s% |
| (t) (on face EPS valueof{2each |
4.80 | 2.97 | 65% | 3.76 | 0.7 6 | 394"/" |
Consolidated PAT increased by 660/o to { 33.41 cr. for Q1 19-20 vs. I 20.10 cr. in e1 18-19. Consolidated Sales increased by 100% to { 291.30 cr. for Q1 19-20 vs. { 145.56 cr. in e1 18-19.
Standalone PAT increased to { 26.41 cr. for Q1 19-20 vs. { 4.76 cr. in Q1 18-19. Standalone Sales increased by !O2% b { 159.60 cr. for Q1 18-19 vs. t 79.00 cr. in Q1 18-19.
syrnphony has recommended 1st interim dividend of 50% i.e. I 1/- per equity share of { 2/- each amounting to { 8.43 crores including dividend distribution tax.
july 31, 2019: Mr. Nrupesh Shah, Executive Director of Symphony ttd. has commented:
- Symphony Ltd. Launched for 2019-20 pathbreakin8 new models in Residential and Commercial segments. They are innovative in design, format and features.
- June19, quarter has registered one of the record-breaking sales across geographies and models.
- Overseas subsidiaries especially tmpco-Mexico and GSK-China have performed well.
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ABOUT SYMPONY LIMITED:
Aworld leader in evaporative air coolers, Symphony focuses on innovative design to create better and ecofriendly products for domestic, commercial and industrial customers in 60 countries across the globe. At Symphony, design-driven innovation and green engineering is a sustainable competitive advantage. Company delivers market-leading products with engineering and design innovation, improved energy conservation, distinctive styling and customer-centric design.
Established in 1988, Symphony leverages a unique and successful asset-light business model for its residential coolers in lndia and in-house lean manufacturing for its industrial coolers in Mexico to achieve sustainable and profitable growth.
Headquartered in Ahmedabad, Gujarat, lndia, Symphony is a global company committed to develop sustainable and responsible products. This means leading the air-cooling industry's efforts to develop breakthrough green technologies to combat climate change. A publicly traded company in lndia having subsidiary companies in Mexico, China, Australia and USA offering products in over 60 countries, Symphony continuously delivers value to its stakeholders in a profitable and predictable way. For the 1,r quarter ended June 2019, Symphony posted on standalone basis net profit of I 26.47 crore on net sales of { 159.60 crore.
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