Revenue from operations declined 30.7% year-on-year to ₹338 crore in the March quarter from ₹488 crore in the corresponding period last year, according to an exchange filing.
EBITDA fell 53.3% to ₹50 crore from ₹107 crore a year ago, while EBITDA margin contracted to 14.8% from 21.9%.
The company said it recognised exceptional impairment charges during the quarter and year ended March 31, 2026.
Symphony impaired goodwill attributable to Climate Holdings Pty Limited, formerly Symphony AU Pty Ltd, by ₹173.09 crore, citing deterioration in performance and profitability, along with failure to realise expected business synergies despite management efforts.
The board recommended a final dividend of ₹5 per equity share for FY26, subject to shareholder approval at the upcoming annual general meeting.
The company also said the board approved the reappointment of Nrupesh Shah as Managing Director, Corporate Affairs for a further period of five years, subject to shareholder approval.
Separately, the board approved the proposed acquisition of intellectual property rights owned, licensed to, or used by CTPL, including patents, trademarks and designs across key markets such as Australia, New Zealand and the US, for A$3.3 million (around ₹23 crore), according to a separate exchange filing. The transaction, to be funded through the company’s treasury, is subject to regulatory approvals.
Symphony said the acquisition would bring commercially relevant brands, product rights and related intangible assets directly under the listed parent company, helping strengthen control over core intellectual property and supporting market expansion and portfolio optimisation.
The company also approved the acquisition of 100% equity in Bonaire USA LLC from CTPL for A$4.3 million (around ₹30 crore). Upon completion, Bonaire USA will become a direct wholly owned subsidiary of Symphony instead of being held through the Australian structure.
Shares of Symphony Ltd ended higher on Friday, May 15, by 2.23% at ₹788.50 on the NSE.
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