Air cooler manufacturer Symphony has reported a growth of 17.5 per cent in its standalone net profit at Rs 56.06 crore for the October-December quarter of 2016, helped by increase in other income and decline in operating cost. The Ahmedabad-based company had posted the standalone net profit of Rs 47.73 crore in the corresponding quarter of previous fiscal, said Symphony in a filing to BSE on Friday.
The net sales of company rose by 10.8 per cent to Rs 179.68 crore in Q3 FY17 from Rs 162.10 crore in Q3 FY16. During the quarter under review, the operating income of the company grew by 10.8 per cent to Rs 180.09 crore from Rs 162.48 crore in the same period last year.
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Air cooler manufacturer Symphony has reported a growth of 17.5 per cent in its standalone net profit at Rs 56.06 crore for the October-December quarter of 2016, helped by increase in other income and decline in operating cost. The Ahmedabad-based company had posted the standalone net profit of Rs 47.73 crore in the corresponding quarter of previous fiscal, said Symphony in a filing to BSE on Friday. 
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