Symphony Ltd. has reported impressive financial results for the second quarter of FY25, demonstrating substantial growth across key financial indicators. However, despite the strong earnings performance, the company’s shares declined by over 4% in today’s trading session.
Key Financial Highlights:
- Revenue Growth: Symphony’s revenue increased by 14.5% YoY, reaching ₹315 crore in Q2 FY25, up from ₹275 crore in Q2 FY24. This growth reflects the company’s improved market positioning and operational efficiencies.
- EBITDA Increase: The company recorded a notable 56% rise in EBITDA, standing at ₹64 crore compared to ₹41 crore in the same period last year. This increase underscores Symphony’s success in managing costs effectively and driving profitability.
- Margin Expansion: Symphony’s EBITDA margin expanded to 20.3% in Q2 FY25, up from 15% in Q2 FY24, an improvement of 530 basis points. This indicates the company’s focus on operational efficiency and a favorable product mix.
The strong Q2 results highlight Symphony’s commitment to delivering value to stakeholders. Despite the financial growth, the market reaction has been cautious, possibly due to broader sector trends or investor profit-taking. Nonetheless, Symphony’s focus on profitability and margin expansion positions it favorably for the upcoming quarters.
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Symphony