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Symphony Q1 net profit slumps 49% to Rs.20 crore

Symphony’s net profit for the quarter ended June 30, 2018 fell 49% to Rs.20 crore.

The company’s net profit in the same quarter last fiscal was Rs.39 crore. Revenue of the company fell 23.2%to Rs.146 crore versus Rs.190 crore. The company has also declared first interim dividend of Re.1 per equity share having face value of Rs.2 each. for the financial year 2018-19. Further, the dividend shall be payable on or before August 20, 2018.

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