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Symphony Q3 standalone net down 40% YoY January 22, 2021 The company posts strong quarterly recovery with a 30% rise in profits QoQ Air-cooler maker, Symphony Limited on Friday posted a standalone net profit of ₹35 crore, for the quarter ended December 31, 2020, about 40 per cent lower than ₹58 crore recorded in the same quarter last year - primarily attributed to the Covid-19 market disruptions. However, profits during December quarter were about 30 per cent higher than ₹27 crore recorded in the previous quarter ended in September 2020. The company has reported substantial recovery quarterly from the Covid-19 crisis. The standalone revenues from operations for the quarter stood at ₹124 crore as against ₹112 crore reported in the September quarter, but lower than ₹207 crore in the corresponding quarter last year.

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