Symphony earnings calls.

Symphony reported flat standalone Q3 revenue at ₹182 croreCurrent reported value: ₹182 crore. No comparable prior figure is available in the source record. versus ₹182 crore YoY, with EBITDA declining to ₹31Current reported value: 31. No comparable prior figure is available in the source record. crore from ₹34 crore due to elevated advertisement and sales promotion expenses (₹11 crore, over 90% for water heater category). PAT stood at ₹34 crore versus -₹4 crore in Q3 FY25 (which had pathway write-off). For 9M FY26, standalone revenue was ₹566 crore versus ₹814 crore (decline due to weak summer season), with PAT at ₹99 crore versus ₹132 crore. The proposed IB transaction to divest IMCO Mexico and Climate Technologies has been rolled back due to valuation gaps and geopolitical uncertainty, with management highlighting tariff tailwinds for Mexico and US operations. Counter-seasonal products now contribute 26%Current 26%. Reported change: +Steady YoY. of India revenue. Management maintained market leadership position (next five players combined smaller than Symphony), with Google ratings of 4.8 and 2 out of 3 air cooler searches on Google being for Symphony. Key risk: continued losses at Climate Technologies Australia (-₹8 crore EBITDA in 9M) with no firm timeline for profitability; revenue decline in overseas subsidiaries due to subdued summer.