Symphony Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 30, 2024 at 02:28 am EST
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Symphony Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 2,470 million compared to INR 2,770 million a year ago. Revenue was INR 2,620 million compared to INR 2,910 million a year ago. Net income was INR 410 million compared to INR 390 million a year ago. Basic earnings per share from continuing operations was INR 5.91 compared to INR 5.51 a year ago. Diluted earnings per share from continuing operations was INR 5.91 compared to INR 5.51 a year ago.
For the nine months, sales was INR 8,240 million compared to INR 8,800 million a year ago. Revenue was INR 8,660 million compared to INR 9,200 million a year ago. Net income was INR 1,000 million compared to INR 1,010 million a year ago. Basic earnings per share from continuing operations was INR 14.41 compared to INR 14.35 a year ago. Diluted earnings per share from continuing operations was INR 14.41 compared to INR 14.35 a year ago.
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.