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Symphony Shares to Trade Ex-Date on February 11: Interim Dividend of ₹2

Written by: Sachin GuptaUpdated on: Feb 11, 2025, 8:41 AM IST
Symphony Ltd decided to pay an interim dividend of ₹2 on February 28, 2025, declared on February 05, 2025.
Symphony Shares to Trade Ex-Date on February 11: Interim Dividend of ₹2
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On February 11, 2025, Symphony shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹2 interim dividend.

Symphony Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Nov 07, 2024 Interim 2.00
Aug 21, 2024 Interim 1.00
July 26, 2024 Final 8.00

Symphony Q3FY25 Earnings Highlights

Revenue showed a strong growth of 32% over the nine-month period; however, there was a slight decline of 2% in the quarterly performance. During the December 2024 quarter, EBITDA and PAT witnessed temporary moderation. This was primarily due to a forex loss of ₹9.4 crore, which accounted for 3.9% of the total revenue. Additionally, there was a temporary calibration in standalone EBITDA and PAT.

The newly launched storage water heaters in India have received positive feedback, with their unique selling points and product features being widely admired. To enhance market reach, sales have commenced through modern retail stores in select states. Furthermore, a nationwide launch via e-commerce and direct-to-consumer (D2C) channels has been planned, starting in January 2025.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 11, 2025, 8:41 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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