The Board of Directors of Symphony Limited (SYMPHONY) at its meeting held on April 27, 2021 has recommended final of dividend of Rs 4 per equity share for the FY 2020-21. The meeting commenced at 10:40 A.M. and concluded at 2:30 P.M.
Symphony Ltd Quarterly Result
The company reported 36.14% yoy growth in consolidated revenues for the Mar-21 quarter at Rs 339 cr. In terms of product growth, the core air cooling and appliances segment saw a sharp rally. Further, the Profit after tax (PAT) for the Mar-21 quarter was up by 55% to Rs 62 cr on the back of higher revenues resulting in better absorption of fixed costs.
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Symphony Ltd Dividend Record Date
As of now, the company has not fixed any Record date. The date will be decided on its annual general meeting (AGM). Further, the declared dividend will be paid within 30 days from the record date.
To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In other words, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. So, Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Moreover, Here is the copy of statement, the company has sent to the exchanges:
We are pleased to inform you that the Board of Directors has considered and approved the following in their meeting held today: Recommended final dividend of Rs. 4/- (200%) per equity share having face value of Rs. 2/- each for the financial year 2020-21.
Important Dates
- Company – Symphony Ltd
- Script Name – SYMPHONY (NSE) and 517385 (BSE)
- Dividend Amount – 4 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – –
- Record Date – –
- Payment Date – –
You can find more information about Symphony Ltd on National Stock Exchange and Moneycontrol – Symphony Limited is an Indian multinational company which manufactures products like domestic air coolers, industrial air coolers. Symphony has its operations in about 60 countries.