Revenue from operations was at Rs 1,908.18 crore in Q3 FY25, up 19.88% as against Rs 1,591.67 crore posted in the corresponding quarter last year.
Total expenses stood at Rs 2,669.75 crore in Q3 FY25, down 87.94% year on year. Cost of material consumed was Rs 1,822.11 crore (up 40.98% YoY), employee benefits expenses stood at Rs 28.90 crore (up 171.36% YoY), and finance costs were at Rs 44.73 crore (down 22.24% YoY) during the period under review.
Revenue from the textile segment dropped 62.05% to Rs 18.80 crore, and revenue from the energy segment was at Rs 191.21 crore in Q3 FY25 over Q3 FY24, while revenue from the construction business rose 12.96% YoY to Rs 30.32 crore in Q3 FY25 from Rs 27 crore posted in Q3 FY24.
Swan Group is among India's leading private sector business houses, serving the nation for more than a century across the textile, real estate, and oil & gas sectors.
Shares of Swan Energy tanked 8.54% to settle at Rs 441.15 on Friday, 14 February 2025.
Swan Energy consolidated net profit rises 406.31% in the December 2024 quarter
15 - Feb - 2025 12:00 | 63 days ago
Net profit of Swan Energy rose 406.31% to Rs 582.81 crore in the quarter ended December 2024 as against Rs 115.11 crore during the previous quarter ended December 2023. Sales rose 19.89% to Rs 1908.19 crore in the quarter ended December 2024 as against Rs 1591.68 crore during the previous quarter ended December 2023.
Swan Energy consolidated net profit rises 406.31% in the December 2024 quarter
15 - Feb - 2025 12:00 | 63 days ago
Net profit of Swan Energy rose 406.31% to Rs 582.81 crore in the quarter ended December 2024 as against Rs 115.11 crore during the previous quarter ended December 2023. Sales rose 19.89% to Rs 1908.19 crore in the quarter ended December 2024 as against Rs 1591.68 crore during the previous quarter ended December 2023.
The contract is for supply, installation and commissioning of AI-based comprehensive infra-secure items.
The domestic contract has to be executed by 10 October 2025.
Agneyastra Technion holds 40 % stake in Agneyastra Innovations.
Swan Energy is a leading global conglomerate with diversified interests in textile, real estate, oil & gas and shipbuilding and heavy engineering.
On a consolidated basis, net profit of Swan Energy declined 39.37% to Rs 51.28 crore as net sales fell by 15.62% to Rs 1032.19 crore in Q2 September 2024 over Q2 September 2023.
The scrip tumbled 4.24% to currently trade at Rs 541.05 on the BSE.
Revenue from operations was at Rs 1,908.18 crore in Q3 FY25, up 19.88% as against Rs 1,591.67 crore posted in the corresponding quarter last year.
Total expenses stood at Rs 2,669.75 crore in Q3 FY25, down 87.94% year on year. Cost of material consumed was Rs 1,822.11 crore (up 40.98% YoY), employee benefits expenses stood at Rs 28.90 crore (up 171.36% YoY), and finance costs were at Rs 44.73 crore (down 22.24% YoY) during the period under review.
Revenue from the textile segment dropped 62.05% to Rs 18.80 crore, and revenue from the energy segment was at Rs 191.21 crore in Q3 FY25 over Q3 FY24, while revenue from the construction business rose 12.96% YoY to Rs 30.32 crore in Q3 FY25 from Rs 27 crore posted in Q3 FY24.
Swan Group is among India's leading private sector business houses, serving the nation for more than a century across the textile, real estate, and oil & gas sectors.
Shares of Swan Energy tanked 8.54% to settle at Rs 441.15 on Friday, 14 February 2025.
Swan Energy consolidated net profit rises 406.31% in the December 2024 quarter
15 - Feb - 2025 12:00 | 63 days ago
Net profit of Swan Energy rose 406.31% to Rs 582.81 crore in the quarter ended December 2024 as against Rs 115.11 crore during the previous quarter ended December 2023. Sales rose 19.89% to Rs 1908.19 crore in the quarter ended December 2024 as against Rs 1591.68 crore during the previous quarter ended December 2023.
The contract is for supply, installation and commissioning of AI-based comprehensive infra-secure items.
The domestic contract has to be executed by 10 October 2025.
Agneyastra Technion holds 40 % stake in Agneyastra Innovations.
Swan Energy is a leading global conglomerate with diversified interests in textile, real estate, oil & gas and shipbuilding and heavy engineering.
On a consolidated basis, net profit of Swan Energy declined 39.37% to Rs 51.28 crore as net sales fell by 15.62% to Rs 1032.19 crore in Q2 September 2024 over Q2 September 2023.
The scrip tumbled 4.24% to currently trade at Rs 541.05 on the BSE.
Revenue from operations was at Rs 1,908.18 crore in Q3 FY25, up 19.88% as against Rs 1,591.67 crore posted in the corresponding quarter last year.
Total expenses stood at Rs 2,669.75 crore in Q3 FY25, down 87.94% year on year. Cost of material consumed was Rs 1,822.11 crore (up 40.98% YoY), employee benefits expenses stood at Rs 28.90 crore (up 171.36% YoY), and finance costs were at Rs 44.73 crore (down 22.24% YoY) during the period under review.
Revenue from the textile segment dropped 62.05% to Rs 18.80 crore, and revenue from the energy segment was at Rs 191.21 crore in Q3 FY25 over Q3 FY24, while revenue from the construction business rose 12.96% YoY to Rs 30.32 crore in Q3 FY25 from Rs 27 crore posted in Q3 FY24.
Swan Group is among India's leading private sector business houses, serving the nation for more than a century across the textile, real estate, and oil & gas sectors.
Shares of Swan Energy tanked 8.54% to settle at Rs 441.15 on Friday, 14 February 2025.
Swan Energy consolidated net profit rises 406.31% in the December 2024 quarter
15 - Feb - 2025 12:00 | 63 days ago
Net profit of Swan Energy rose 406.31% to Rs 582.81 crore in the quarter ended December 2024 as against Rs 115.11 crore during the previous quarter ended December 2023. Sales rose 19.89% to Rs 1908.19 crore in the quarter ended December 2024 as against Rs 1591.68 crore during the previous quarter ended December 2023.
Swan Energy consolidated net profit rises 406.31% in the December 2024 quarter
15 - Feb - 2025 12:00 | 63 days ago
Net profit of Swan Energy rose 406.31% to Rs 582.81 crore in the quarter ended December 2024 as against Rs 115.11 crore during the previous quarter ended December 2023. Sales rose 19.89% to Rs 1908.19 crore in the quarter ended December 2024 as against Rs 1591.68 crore during the previous quarter ended December 2023.
The contract is for supply, installation and commissioning of AI-based comprehensive infra-secure items.
The domestic contract has to be executed by 10 October 2025.
Agneyastra Technion holds 40 % stake in Agneyastra Innovations.
Swan Energy is a leading global conglomerate with diversified interests in textile, real estate, oil & gas and shipbuilding and heavy engineering.
On a consolidated basis, net profit of Swan Energy declined 39.37% to Rs 51.28 crore as net sales fell by 15.62% to Rs 1032.19 crore in Q2 September 2024 over Q2 September 2023.
The scrip tumbled 4.24% to currently trade at Rs 541.05 on the BSE.