HomeNewsBusinessCompaniesCo to maintain 20-25% growth guidance: Symphony

Co to maintain 20-25% growth guidance: Symphony

The company achieved volume growth of 25 percent and value growth of over 30 percent for H1FY15 and is confident of maintaining long-term growth of 20-25%, said Nrupesh Shah, Executive Director at Symphony.

March 23, 2015 / 13:33 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Nrupesh Shah, Executive Director at Symphony in an interview to CNBC-TV18 spoke at length about the outlook for the company going forward.The company he said has achieved volume growth of 25 percent and value growth of over 30 percent for H1FY15 and is confident of maintaining long-term growth of 20-25%. The company will also be able to sustain high level of EBITDA margins seen until the December quarter, he added.Improvement in margins will come through new launches and better management of existing models, said Shah.The company will continue with its focus on sales promotion and marketing going forward too, said Shah.

A world leader in evaporative air coolers, Symphony focuses on innovative design to create better and eco-friendly products for domestic and industrial customers in 60 countries across the globe.  Headquartered in Ahmedabad, Gujarat, India, Symphony is a global company committed to develop sustainable and responsible products. This means leading the air-cooling industry's efforts to develop breakthrough green technologies to combat climate change.

Story continues below Advertisement

for the entire interview watch video

first published: Mar 23, 2015 01:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!