Symphony Acquisition Worth ₹52 Cr
Symphony Limited completed the ₹52 Crore acquisition of Bonaire USA LLC and associated intellectual property. This strategic consolidation strengthens the company's global brand and asset portfolio.
- Value
- ₹52.00 Cr
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Symphony Limited completed the ₹52 Crore acquisition of Bonaire USA LLC and associated intellectual property. This strategic consolidation strengthens the company's global brand and asset portfolio.
Symphony FY26 consol revenue fell 28% to ₹1,131cr with a PAT loss of ₹141cr due to a ₹259cr impairment in the Australia business.
Symphony faces a challenging quarter with flat standalone revenue and declining margins due to aggressive marketing for new categories, while cancelling a major international divestment plan.
Symphony Limited reported flat standalone revenue for Q3 FY26, with profits distorted by the prior-year Pathway write-off recovery. Management is rolling back the proposed divestment of international subsidiaries due to valuation gaps.
Symphony Ltd reported FY 2025-26 consolidated revenue of ₹1,131 Crore. The company approved strategic acquisitions totaling ₹53 Crore alongside a ₹5 dividend proposal.