Playing Symphony

Symphony is the country's largest air-cooler manufacturer, with a market share of more than 50 per cent of the organised air-cooler market in the country. Profitability. Symphony's operating margins have averaged at close to 17.33 per cent in the last ten years. In the last twelve months, margins came in at a high of 31 per cent. The December 2014 quarter saw operating margins jump 478 basis points on decline in raw material, staff and other expenditure. Symphony outsources manuf

This article was originally published on May 15, 2015.