Shares of Symphony surged over 9% on Thursday, October 29, after the company reported its second quarter results.
The company’s earnings increased across all key parameters to report a strong quarter.
Its net profit came in at ₹24 crore, up 41.2% from the previous year’s ₹17 crore.
The company’s revenue increased 31% to ₹275 crore in the second quarter from ₹210 crore in the previous fiscal.
Its earnings before interest, taxes, depreciation and amortization (EBITDA) more than doubled to ₹36 crore from ₹15 crore last year.
Its margin also expanded sharply to 13.1% in the September quarter from 7.1% in the year-ago period.
Symphony’s board of directors also declared the second interim dividend for the financial year 2027 of ₹2 per equity share having face value of ₹2 each. The record date for the payment of the interim dividend is November 4, 2026, the company said.
In August 2026, it had declared it had issued its first interim dividend for FY27 of ₹1.
Symphony shares surged 9.3% to hit an intraday high of ₹549.9 apiece on Thursday after the company reported its earnings. The stock was up 5.6% at ₹531 apiece at 1.45 pm. It has fallen 10% in the past month and 42.9% in 2026, so far.
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Symphony Q2 net profit up 41%, margins expand sharply — Board declares second interim dividend; stock up 9%