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Symphony survives note ban pain; more acquisitions on cards

Executive Director Nrupesh Shah expects Symphony to maintain a topline growth of 20-25 percent. The Ahmedabad-based air cooler company last week reported a 17.45 per cent jump in third quarter standalone net profit to Rs 56.06 crore.

Likely to witness good growth in coming quarters: Symphony

Nrupesh Shah says the volume growth is in line with revenue growth of the company. He adds that the growth in the central air-conditioning segment has been phenomenal.

See selling & distribution cost going up in Q3: Symphony

Symphony reported a net profit of Rs 47.7 crore in the second quarter ended December, 2015 versus Rs 36 crore for the same quarter last fiscal but the topline was a bit shy of estimates at around Rs 162 crore.

See strong Q1-Q3 but reasonable growth in FY16: Symphony

Speaking to CNBC-TV18, Nrupesh Shah, ED-Corporate Affairs of Symphony says un-seasonal rains and hailstorms have affected the sales of air-conditioners this year.

See 20-25% CAGR growth over medium-term: Symphony

Pricing power, new launches and economies of scale to the help company keep its EBITDA margins steady at current levels of around 30 percent, said Nrupesh Shah, executive director-corporate affairs, Symphony.

Target 20-25% CAGR revenue growth ahead: Symphony

The company reported volume growth of 38 percent in the first quarter, Nrupesh Shah, ED - Corporate Affairs, Symphony said.

Symphony says no signs of slowdown in sales in India

Air cooler maker Symphony says there continues to be a good demand for its products in India. But growth in US and Mexico has been modest and there has been some correction in sales.