Symphony Q1 Results Live : profit rise by 266.67% YOY

Symphony Q1 Results Live : Symphony, a leading company, announced its Q1 results on 06 Aug, 2024. The topline surged by 75.83% and the profit soared by an impressive 266.67% YoY.

In comparison to the previous quarter, Symphony experienced a revenue growth of 59.94% and a profit increase of 83.33%.

The Selling, general & administrative expenses showed a significant increase of 95.45% q-o-q and rose by 19.44% Y-o-Y.

Operating income witnessed a substantial rise of 107.84% q-o-q and a remarkable increase of 523.53% Y-o-Y.

The Earnings Per Share (EPS) for Q1 stood at ₹12.76, marking a substantial increase of 247.75% Y-o-Y.

Symphony's stock has delivered strong returns with 25.85% in the last 1 week, 58.83% in the last 6 months, and 71.11% YTD return.

The current market cap of Symphony is ₹10335.96 Cr with a 52-week high/low of ₹1559 & ₹820 respectively.

As of 08 Aug, 2024, out of 7 analysts covering the company, 2 analysts rated it as Sell, 2 as Hold, 1 as Buy, and 2 as Strong Buy.

The consensus recommendation as of 08 Aug, 2024, was to Buy Symphony's stock.

Additionally, Symphony declared an interim dividend of ₹1.0. The record date for the dividend is 14 Aug, 2024, and the ex-dividend date is also set for 14 Aug, 2024.