Symphony rises on reporting 86% rise in Q3 consolidated net profit
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Symphony is currently trading at Rs. 1033.90, up by 1.10 points or 0.11% from its previous closing of Rs. 1032.80 on the BSE.
The scrip opened at Rs. 1033.30 and has touched a high and low of Rs. 1042.45 and Rs. 1020.50 respectively. So far 4968 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1214.00 on 08-Apr-2022 and a 52 week low of Rs. 821.00 on 03-Nov-2022.
Last one week high and low of the scrip stood at Rs. 1126.90 and Rs. 952.00 respectively. The current market cap of the company is Rs. 7237.05 crore.
The promoters holding in the company stood at 73.25%, while Institutions and Non-Institutions held 15.23% and 11.52% respectively.
Symphony has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported a rise of 79.31% in its net profit at Rs 52 crore for the quarter under review as compared to Rs 29 crore for the same quarter in the previous year. Total income of the company increased 53.25% at Rs 236 crore for Q3FY23 as compared to Rs 154 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 85.71% in its net profit at Rs 39 crore for the quarter under review as compared to Rs 21 crore for the same quarter in the previous year. Total income of the company increased 37.26% at Rs 291 crore for Q3FY23 as compared to Rs 212 crore for the corresponding quarter previous year.
