Symphony Q1 net profit declines to Rs20.22 crore
Moneylife Digital Team 27 August 2010

Symphony Ltd, formerly known as Symphony Comfort Systems Ltd, said its net profit for the first quarter declined to Rs20.22 crore from Rs33.19 crore in the same quarter last year.

In the June 2010 quarter, its total revenues increased to Rs89.05 crore from Rs67.97 crore, said the Ahmedabad-based consumer electronics company in a filing to Bombay Stock Exchange (BSE).

On Friday, Symphony shares declined 4.34% to Rs610 on BSE, while the benchmark Sensex ended 1.25% down at 17,998 points.

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