Symphony Limited Reports Unaudited Standalone Earnings Results for the Second Quarter and Half Year Ended December 31, 2012
January 22, 2013 at 04:01 am EST
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Symphony Limited reported unaudited standalone earnings results for the second quarter and half year ended December 31, 2012. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 876.7 million against INR 561.7 million for the same period a year ago. Total income from operations (net) was INR 921.2 million against INR 577.5 million for the same period a year ago. Profit from operations before foreign fluctuation, finance costs and exceptional items was INR 243.1 million against INR 149.0 million for the same period a year ago. Profit from operations before finance costs and exceptional items were INR 249.1 million against INR 154.7 million for the same period a year ago. Profit after finance costs but before exceptional items were INR 248.9 million against INR 153.1 million for the same period a year ago. Profit before tax was INR 248.9 million against INR 153.1 million for the same period a year ago. Net profit after tax was INR 167.3 million or INR 4.78 per basic and diluted share against INR 113.0 million or INR 3.23 per basic and diluted share for the same period a year ago.
For the half year, the company reported net sales/income from operations (net of excise duty) of INR 1,119.8 million against INR 849.5 million for the same period a year ago. Total income from operations (net) was INR 1,196.2 million against INR 879.0 million for the same period a year ago. Profit from operations before foreign fluctuation, finance costs and exceptional items was INR 273.5 million against INR 189.2 million for the same period a year ago. Profit from operations before finance costs and exceptional items were INR 270.2 million against INR 219.9 million for the same period a year ago. Profit after finance costs but before exceptional items were INR 269.4 million against INR 217.0 million for the same period a year ago. Profit before tax was INR 269.4 million against INR 217.0 million for the same period a year ago. Net profit after tax was INR 187.8 million or INR 5.37 per basic and diluted share against INR 157.1 million or INR 4.49 per basic and diluted share for the same period a year ago.
Symphony Limited is an India-based air-cooling company, which is in the field of residential, commercial, and industrial air cooling and other appliances both in the domestic and international markets. The Company operates through Air Cooling and Other Appliances Business segment. Air Cooler. Its products include Residential Cooler, Commercial Coolers, Large Space Venti-Cooling, Tower Fans, Personal Cooler, Desert Cooler, Tower Cooler, and Portable Cooler. The Household Coolers products include Windblast 70 XL Desert Air Cooler, Jumbo 45DB Desert Air Cooler, Jumbo 70 Desert Air Cooler, Siesta 45XL Desert Air Cooler, Winter I Desert Air Cooler with 56L Water Tank, Winter XL Desert Air Cooler, Sumo 40 XL Desert Air Cooler, Storm C 100i Desert Air Cooler, Storm 70i Desert Air Cooler, Storm 70 XL Desert Air Cooler. Its Tower Fans include Duet Mini Personal Table Cooling Fan, Duet-I Indiaâs 1st Kitchen Cooling Fan, Duet I-S Cooling Fan, Surround-I (White) Bladeless Tower Fan, and others.