Symphony reports 28% decline in revenue for FY 25-26

Arunika Jain — Fri, 15 May 2026 18:32:01 +0000

Symphony Limited has announced its financial results for the fiscal year 2025-26, revealing a significant decline in revenue. The company’s consolidated revenue from operations fell by 28% to ₹1,131 crore, compared to ₹1,576 crore in the previous fiscal year. On a standalone basis, revenue decreased by 35% to ₹765 crore from ₹1,182 crore.

The company’s EBITDA also saw a substantial drop, with consolidated figures declining by 60% to ₹128 crore, and standalone figures decreasing by the same percentage to ₹115 crore. The EBITDA margin contracted by 8.8% on a consolidated basis and 9.2% on a standalone basis.

During the March 2026 quarter, Symphony‘s consolidated revenue from operations was ₹338 crore, a 31% decrease from the same quarter the previous year. Standalone revenue for the quarter was ₹199 crore, marking a 46% decline. The company’s EBITDA for the quarter was ₹52 crore on a consolidated basis, down 49%, and ₹34 crore on a standalone basis, down 66%.

The Board of Directors has proposed a final dividend of ₹5 per share for the financial year 2025-26, bringing the total dividend payout to approximately ₹62 crore.

Symphony’s Managing Director (Corporate Affairs), Mr. Nrupesh Shah, highlighted that the company’s revenue performance was softer on a standalone basis, primarily due to a historically high base in March 2025 and spillover effects from December 2024. The Beyond India Summer Portfolio (BISP) contributed 49% to the FY26 consolidated revenue, reflecting strategic diversification.

In international operations, revenue at IMPCO Mexico and SCL Brazil remained stable, while in China, GSK China repaid ₹26 crore of its loan, reducing the outstanding amount to ₹4 crore. The U.S. business showed strong momentum and profitability, whereas Australia’s Climate Technologies Pty Ltd faced challenges with stagnant revenue and negative profit after tax.

Symphony has approved a strategic reset for its Australian business, including impairments of approximately ₹298 crore on a standalone basis and ₹259 crore on a consolidated basis for FY 2025-26. This move aims to align carrying values with current business realities and to improve transparency.

The company also announced the acquisition of intellectual property rights from CTPL for ₹23 crore and 100% equity in Bonaire USA LLC for ₹30 crore, funded through Symphony’s treasury. These acquisitions are expected to enhance ownership clarity and control over core intangible assets.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Nrupesh Shah | Business Upturn

Symphony reports 28% decline in revenue for FY 25-26