Symphony sees stronger FY27 as inventories normalise and overseas businesses improve
Air-cooler maker Symphony reported 8% YoY consolidated revenue growth to ₹378 crore in April-June 2026, with EBITDA up 28% to ₹46 crore. Domestic sales rose 15% on volumes, alternate channels more than doubled and US business grew 35%, supporting a stronger FY27 outlook.
Symphony expects a stronger FY27 as company and trade inventories normalise, alternate channels accelerate and overseas operations improve. Domestic growth was volume-led, while US sales rose 35%. The air-cooler maker expects subsidiaries excluding Australia to perform better.
Why this matters
The Q1 improvement follows Symphony’s FY27 rebound guidance tied to summer demand and lower finance costs, after a Q4 loss on a 19.5% revenue drop, margin compression and impairment, and an earlier warning that inventory glut was muting the outlook.
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