Swan Energy announced that the Board of Directors of the Company at its meeting held on 30 May 2019, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net loss of Swan Energy reported to Rs 32.91 crore in the quarter ended March 2019 as against net profit of Rs 68.08 crore during the previous quarter ended March 2018. Sales declined 14.06% to Rs 87.63 crore in the quarter ended March 2019 as against Rs 101.97 crore during the previous quarter ended March 2018.

For the full year,net profit declined 96.78% to Rs 2.34 crore in the year ended March 2019 as against Rs 72.75 crore during the previous year ended March 2018. Sales rose 171.76% to Rs 859.73 crore in the year ended March 2019 as against Rs 316.36 crore during the previous year ended March 2018.

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Swan Energy will hold a meeting of the Board of Directors of the Company on 30 May 2019.

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Bharti Airtel Ltd, Symphony Ltd, Indo Count Industries Ltd and Nestle India Ltd are among the other losers in the BSE's 'A' group today, 01 March 2019.

Swan Energy Ltd tumbled 3.31% to Rs 114 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 9046 shares were traded on the counter so far as against the average daily volumes of 1.22 lakh shares in the past one month.

Bharti Airtel Ltd lost 3.07% to Rs 308.2. The stock was the second biggest loser in 'A' group.On the BSE, 9.58 lakh shares were traded on the counter so far as against the average daily volumes of 2.21 lakh shares in the past one month.

Symphony Ltd crashed 2.31% to Rs 1267. The stock was the third biggest loser in 'A' group.On the BSE, 661 shares were traded on the counter so far as against the average daily volumes of 2106 shares in the past one month.

Indo Count Industries Ltd plummeted 1.89% to Rs 36.3. The stock was the fourth biggest loser in 'A' group.On the BSE, 12802 shares were traded on the counter so far as against the average daily volumes of 48276 shares in the past one month.

Nestle India Ltd corrected 1.84% to Rs 10431. The stock was the fifth biggest loser in 'A' group.On the BSE, 8395 shares were traded on the counter so far as against the average daily volumes of 5060 shares in the past one month.

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