MoneyWorks4Me

Symphony bestowed with 'ICAI Award for Excellence in Financial Reporting'

16 Jan 2012 Evaluate

Symphony has been bestowed as the winner of 'ICAI Award for Excellence in Financial Reporting,' by the Institute of Chartered Accountants of India (ICAI) in the category of manufacturing sector for the report of FY 2009-10.

Symphony has established itself as a world leader in evaporative air coolers. It offers a wide range of air coolers, air conditioners, water heaters, sauna heaters including evaporative air coolers, desert coolers, and room coolers. 

The company’s net profit after tax for the quarter under review surged by 85.29% at Rs 4.41 crore as compared to Rs 2.38 crore for the quarter ended September 30, 2010. Gross revenue has increased by 23.99% to Rs 30.08 crore for the quarter under review from Rs 24.26 crore for the similar quarter of the previous year.

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