Symphony Ltd posted a weak set of numbers for the first quarter of FY26, reflecting a slowdown in performance across key metrics. The company reported a 52.3% year-on-year decline in net profit at ₹42 crore, compared to ₹88 crore in the same quarter last year. Revenue for the quarter also dropped significantly by 36% to ₹251 crore, from ₹393 crore in Q1FY25.
Operational performance was under pressure, with EBITDA falling 70% to ₹26 crore against ₹87 crore reported in the year-ago period. Margins also narrowed sharply, with the EBITDA margin at 10.36% this quarter compared to 22.14% a year earlier.
Despite the weak financial performance, the board of Symphony has declared its first interim dividend of ₹1.00 per equity share (50%) on a face value of ₹2 for the financial year 2025-26.
Following the Q1 results, Symphony shares fell nearly 3% intraday. The stock opened at ₹1,125 and touched a low of ₹1,071.10, compared to the previous close of ₹1,114.90. The 52-week range is between ₹949.80 and ₹1,880.95.
