Symphony slips to Q4 loss as revenue drops 19.5%, margins compress on impairment hit

Air-cooler maker Symphony posted a Q4FY26 net loss of ₹1.7 crore versus ₹19.2 crore profit a year ago, weighed down by impairment charges. Revenue fell 19.5% to ₹291 crore, EBITDA dropped 47.5% to ₹26.6 crore, and margin compressed to 9.1% from 14%.

— Source publishedFri, 15 May, 2026, 20:24 IST·First seen Fri, 15 May, 2026, 20:31 IST·Source CNBC-TV18 · Companies

What happened

Air-cooler maker Symphony posted a Q4FY26 net loss of ₹1.7 crore versus ₹19.2 crore profit, hit by impairment charges. Revenue fell 19.5% to ₹291 crore and

Key facts

  • Net loss ₹1.7 cr vs profit ₹19.2 cr YoY
  • Revenue ₹291 cr, down 19.5%
  • EBITDA ₹26.6 cr, down 47.5%
  • EBITDA margin 9.1% vs 14%

Why this matters

Symphony's weakened earnings base and impairment-laden balance sheet open a window for opportunistic consolidation plays in seasonal consumer durables, particularly distribution-led tuck-ins.