Home Business Symphony Limited quarter results

Symphony Limited quarter results

by News Monks

The Board of Directors have recommended a final dividend of ₹ 6 /- (300%) per equity share of ₹ 2/- each amounting to ₹ 41.97 cr. for FY 21-22. The total dividend for FY 21-22 aggregates to ₹ 9 /- (450%) per equity share of ₹ 2/- each amounting to ₹ 62.96 cr. which includes two interim dividends aggregating to ₹ 3/- (150%) per equity share paid during the year.




Consolidated Gross Profit Margin at 45% (FY21: 45%) and EBITDA Margin at 19% (FY21: 18%), despite elevated raw material cost and logistic cost

Consolidated PBIT stood ₹ 177 Cr. (+25% YoY Growth). International Business contributed PBIT of ₹ 70 Cr. (FY21: ₹ 11 Cr.), registering the growth of 536% on YoY basis. Robust performance from International likely to continue.

USA business generated sales of ₹ 133 Cr. (FY20: ₹ 48 Cr.), up by 177% in two years and by 55% in one year.

Complete normalization of the trade inventory, driven by excellent sales across India

April 2022 sales (Symphony India) is higher than historical highest ever April sales, after liquidation of massive trade inventory

Good traction in sales through Large Format Space (LFS) and E-Commerce channels.

Various measures of cost optimization, value engineering and many other initiatives in last two years yielding the result.




Upbeat on the domestic & overseas business and the strong sales growth trajectory to continue going forward.

Close watch on input cost, logistic cost and supply chain

Agile international supply chain being built to address emerging logistic and raw material cost dynamics

Increasing traction for LSV, driven by new products, better cost structure, and Above the Line (ATL) advertising spends.


You may also like

Leave a Comment

Introducing NewsMonks, your premier source for comprehensive and concise news coverage. Dive into the world of business news, alongside a diverse range of other current topics. Stay informed, stay ahead with NewsMonks. Your go-to destination for news that matters.


Contact : +91 6351857103 (WA Only)

Email: newsmonnks@gmail.com 


Live Traffic

Edtior's Picks

All Rights Reserved by NewsMonks @2023.,
Powered by MediaHives.com