Symphony declines on reporting 22% fall in Q3 consolidated net profit

Symphony is currently trading at Rs. 1006.75, down by 39.50 points or 3.78% from its previous closing of Rs. 1046.25 on the BSE.

Symphony
Symphony

The scrip opened at Rs. 1022.00 and has touched a high and low of Rs. 1025.35 and Rs. 997.85 respectively. So far 3242 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1529.65 on 03-Mar-2021 and a 52 week low of Rs. 890.00 on 11-Aug-2021.

Last one week high and low of the scrip stood at Rs. 1074.00 and Rs. 967.00 respectively. The current market cap of the company is Rs. 7010.04 crore. Symphony

The promoters holding in the company stood at 73.25%, while Institutions and Non-Institutions held 14.33% and 12.42% respectively.

Symphony has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 17.14% in its net profit at Rs 29 crore for the quarter under review as compared to Rs 35 crore for the same quarter in the previous year. However, total income of the company increased by 14.93% at Rs 154 crore for Q3FY22 as compared Rs 134 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 22.22% in its net profit at Rs 21 crore for the quarter under review as compared to Rs 27 crore for the same quarter in the previous year. Total income of the company decreased by 5.78% at Rs 212 crore for Q3FY22 as compared Rs 225 crore for the corresponding quarter previous year.