Air cooler company, Symphony Ltd has reported an increase of 48% in net profit and 56% in sales in the second quarter ended December 31, 2012, compared to the corresponding period last fiscal

While the sales were Rs 92.12 crore (Rs 56.17 crore), its profit after tax stood at Rs 16.73 crore (Rs 11.30 crore), according to its press release.

The company plans to increase the number of its dealers from the existing 14,000 to 20,000 by June 2013, said Nrupesh Shah, Executive Director.

(This article was published on January 23, 2013)
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