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