Conference Call with Symphony Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Consumer electronics company Symphony announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Consolidated: Revenue: Rs 332 crore Gross Margin: 48.5% EBITDA Margin: 18.2% PAT: Rs 48 crore Standalone: Revenue: Rs 251 crore Gross Margin: 48.4% EBITDA Margin: 25.3% PAT: Rs 46 crore FY24 Financial Highlights: Consolidated: Revenue: Rs 1,156 crore Gross Margin: 48.0% EBITDA Margin: 14.7% PAT: Rs 148 crore Standalone: Revenue: Rs 796 crore Gross Margin: 49.0% EBITDA Margin: 20.2% PAT: Rs 153 crore Result PDF
Conference Call with Symphony Ltd. Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
Consumer Electronics company Symphony announced Q2FY24 results: Revenue from operations: Consolidated: Rs 275 crore (+0.4% YoY) Standalone: Rs 196 crore (-9% YoY) India domestic sales: Rs 191 crore (Q2FY23: Rs 191 crore), despite erratic summer season. Gross Margin improved on a YoY basis: Standalone: 49.9% (+330 bps) Due to the launch of new products and a favorable product mix. Softening of input costs. Value engineering. Consolidated: 46.1% (+130 bps) EBITDA Margin improved on a YoY basis, despite negative operating leverage: Standalone: 26.8% (+520 bps) Consolidated: 15.5% (+210 bps) Subsidiaries’ performance: A mixed bag CT, Australia: Performance impacted badly on account of demand headwinds. IMPCO, Mexico: Highest ever Q2 revenues. GSK, China: Steady performance YoY. Large Space Venti Cooling (LSV) business continues to deliver robust performance. Result PDF