Symphony net profit rises

Ahmedabad, Oct 23 (IANS) Air cooling company Symphony on Friday posted a healthy 32.96 percent rise in net profit with Rs.28.76 crore for the quarter ended September 30, this year.

The Q2 profit rose by Rs.7.13 crore while the net profit was Rs.21.63 crore in the year-ago quarter, Symphony announced in a regulatory filing.

Total income from operations rose to Rs.114.51 crore in Q2 for fiscal 2015-16 over Rs.92.01 crore in Q2 2014-15, a rise of Rs.24.45 crore.

Symphony’s total expenses grew from Rs.68.78 crore in Q2 2014-15 to Rs.81.21 crore the quarter under review.

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