Symphony Limited reported a 5% decline in consolidated profit after tax (PAT) to ₹40 crore for the quarter ended June 2026, down from ₹42 crore in the same period last year.

The Ahmedabad-based air cooling manufacturer saw its top line expand, yet profitability contracted on a consolidated basis, signaling margin pressure despite volume or pricing gains.

The divergence between revenue and earnings was more pronounced in the standalone results, where PAT fell 24%.

The divergence between revenue and earnings was more pronounced in the standalone results, where PAT fell 24%.

This sharp drop in standalone profitability suggests that operating costs or one-off items weighed heavily on the core business, even as the group’s consolidated EBITDA performance remained strong.

Investors will be scrutinizing the cost structure to understand whether the margin compression is temporary or structural.

The results arrive as other Indian corporates report mixed Q1 FY27 figures.