Symphony Ltd.Q2 consol revenue +31%, EBITDA ₹36 Cr, AC entry

Symphony's Q2 FY27 call, held on 29 October 2026, reported consolidated revenue of ₹275 crore, up 31%, EBITDA of ₹36 crore against ₹13 crore a year earlier, a margin of 13% against 6.4%, and profit after tax of ₹24 crore.

Excluding forex, treasury and exceptional gains, business PAT rose from ₹5 crore to ₹17 crore. Gross margin fell about 4 points on input costs. Products beyond India summer coolers made ₹625 crore, or 51% of consolidated revenue, at a high single-digit EBITDA margin. Standalone revenue was ₹170 crore with EBITDA of ₹30 crore, and the cooler gross margin was 45.9%. The company announced entry into room air conditioners, BLDC ceiling fans and air purifiers on an outsourced, asset-light model with no capex and no new advertising spend this quarter, and said it does not aim to be a top-three player.

Treasury was ₹468 crore after repaying Australian loans, and a second interim dividend of ₹2 a share was declared. Management expects the next two quarters to be somewhat better than the 14.4% standalone EBITDA margin of H1.