Consumer Electronics company Symphony announced Q2FY26 results Revenue from Operations: Rs 155 crore compared to Rs 259 crore during Q2FY25, change -40%. EBITDA: Rs 27 crore compared to Rs 72 crore during Q2FY25, change -63%. EBITDA Margin: 17.3% for Q2FY26. PAT: Rs 28 crore compared to Rs 67 crore during Q2FY25, change -58%. Nrupesh Shah, Managing Director (Corporate Affairs), Symphony, said: Symphony Limited today reported its financial results for the quarter ended September 2025. The Company recorded a year-on-year standalone revenue decline of 40%, attributable to an inventory overhang in the General Trade (GT) channel for air coolers. Amid this temporary overhang, Symphony’s round-the-year product portfolio – including large space venti cooling, tower fans, kitchen cooling fans, water heaters – recorded a respectable growth, albeit on a low base. The EBITDA margin experienced pressure, reflecting softness in gross margins arising from shifts in product mix and operating deleverage. Symphony reinforced its commitment to sustained growth and product innovation by launching multiple new SKUs in both air coolers and water heaters. The Air Force range of air coolers was expanded from three to seven SKUs, bringing the total number of new air cooler SKUs introduced this quarter to nine. The water heater portfolio was also strengthened with the addition of six new storage SKUs and two instant variants. In October 2025, the Company achieved an additional recovery of Rs 4 crore from Pathways, bringing the total yearto-date recovery of Rs 8.5 crore. This recovery is against Rs 50.2 crore written off during FY25. GSK, China, sustained its growth trajectory and is progressing towards debt-free status, supported by: IPR monetization totaling approximately Rs 45 crore, including receipts of Rs 22 crore year to date, with the balance expected in the December 2025 quarter. further supported by internal cash generation. IMPCO, Mexico reported a steady performance during the non-seasonal air cooler quarter. The Company scaled up its washing machine distribution network through new retail partnerships across the country. Climate Holdings, Australia (formerly Symphony AU) registered its third consecutive quarter of year-on-year growth. Transformation initiatives including asset-light operations, product and market expansion, accelerated sales, and cost optimization continue to drive business momentum. Result PDF