Symphony Ltd saw its shares surge 11% after posting impressive Q4 results for the March quarter, signaling strong business momentum and operational efficiency. As of 8:24 AM, the shares were trading 11.64% higher at Rs 1,339.60.
The company reported a 64.6% year-on-year (YoY) jump in net profit to ₹79 crore, up from ₹48 crore in the same period last year. Revenue also surged 47% YoY to ₹488 crore, compared to ₹332 crore previously, driven by robust sales growth across key markets.
Operational performance remained strong, with EBITDA rising 87.7% to ₹107 crore. Margins expanded significantly to 22%, from 17.2% a year ago, reflecting improved cost management and scale efficiencies.
In a boost for shareholders, Symphony’s board has recommended a final dividend of ₹8 per equity share (400%) on a face value of ₹2 for the financial year 2024-25.
Symphony shares opened at ₹1,319.00 today, reaching a high of ₹1,344.00 and dipping to a low of ₹1,294.50. The stock remains below its 52-week high of ₹1,880.95 but well above the 52-week low of ₹913.00.
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