Symphony Q1 net rises 51% to Rs 21.63 crore

Company's net sales in the July-September quarter stood at Rs 110.40 crore

Symphony
Symphony
BS Reporter New Delhi
Last Updated : Oct 14 2014 | 10:30 PM IST
Ahmedabad-based air cooler company Symphony Limited on Tuesday reported a 51 per cent rise in net profit for the first quarter of 2014-15.

The company follows July-June as its financial year.

The company posted a net profit of Rs  21.63 for the first quarter of the current financial year as against Rs  14.32 crore in the corresponding quarter of previous fiscal (2013-14), a statement issued by the company said.

Gross revenue, the statement added, for the first quarter stood at Rs  110.40 crore as against gross revenue of Rs  78.05 crore for the same period in the previous fiscal.  Nrupesh Shah, executive director, Symphony Limited, said, “The sustained growth is on account of strong performance across all business verticals.”
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 14 2014 | 8:05 PM IST

Next Story