Q3FY21 Result update - Symphony Ltd. - ICICI Direct
Q3FY21 Result update - Symphony Ltd. - ICICI Direct Posted On: 2021-01-24 20:22:32 (Time Zone: Arizona, USA) Symphony's standalone and overseas business has seen a gradual recovery on a QoQ basis, however YoY recovery was still ~74% of previous year. According to company, the trade sentiments in the domestic markets were positive and company has witnessed stock out situation in some of the geographies. The inventory level is normalised with channel partners and the company expects good volume offtake from Q4FY21 onwards. On the subsidiaries front, Climate Technologies Australia performan...