Symphony Ltd. has announced its financial results for the second quarter of FY25, showcasing substantial growth in key financial metrics. The company reported a robust 60% year-on-year (YoY) increase in net profit, which reached ₹56 crore compared to ₹35 crore in the corresponding quarter of the previous year.
Key Financial Highlights:
- Revenue Growth: Symphony’s revenue rose by 14.5% YoY, totaling ₹315 crore in Q2 FY25, up from ₹275 crore in Q2 FY24. This growth reflects the company’s enhanced market positioning and operational efficiencies.
- EBITDA Increase: Earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a notable 56% increase, standing at ₹64 crore compared to ₹41 crore YoY. This growth underscores Symphony’s ability to manage costs effectively and drive profitability.
- Margin Expansion: Symphony’s EBITDA margin improved significantly, reaching 20.3% in Q2 FY25, up from 15% in Q2 FY24. The 530 basis points increase in margin reflects the company’s focus on operational efficiency and a favorable product mix.
Symphony’s strong Q2 performance highlights its ongoing commitment to delivering value to its stakeholders. The company’s continued focus on profitability and margin expansion indicates a positive outlook for the coming quarters.
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Symphony