Symphony - Strong Q4 Performance Amid Challenging Conditions: ICICI Direct
An employee inspects the indoor unit of a split system air conditioner on an assembly line in a factory in Rajasthan (Photographer Prashanth Vishwanathan/Bloomberg)

Symphony - Strong Q4 Performance Amid Challenging Conditions: ICICI Direct


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ICICI Direct Report

Symphony Ltd.’ reported sharp business recovery on the domestic as well as international front in Q4.

Consolidated revenues were up 36% year-on-year (approximately 57% quarter-on-quarter) to Rs 339 crore led by 38% and 35% YoY growth in revenue of domestic and international business, respectively.

Improvement in business sentiment and a sharp rise in export revenue helped drive standalone business.

The export revenue of the domestic business almost doubled to Rs 38 crore YoY in Q4 FY21.

On the international front, climate technologies reported a strong performance in Q4 FY21 led by revenue growth of 84% YoY.

Click on the attachment to read the full report:

ICICI Direct Symphony Q4FY21 Result Review.pdf


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