X

Swan Energy Ltd Q3FY24; 1476% rise in Revenue

Swan Energy Limited (SEL) was originally incorporated in 1909 as Swan Mills Ltd. (SML), a manufacturer and marketer of cotton and polyester textile products in India. Over the years, it diversified into Real estate and is developing a Floating Storage and Regasification Units -based liquid natural gas (LNG) import terminal at Jafrabad in Gujarat.

Financial Results:

Swan Energy Ltd reported Revenues for Q3FY24 of ₹1,592.00 Crores up from ₹101.00 Crore year on year, a rise of 1476.24%.

Total Expenses for Q3FY24 of ₹1,421.00 Crores up from ₹189.00 Crores year on year, a rise of 651.85%.

Consolidated Net Profit of ₹220.00 Crores from -₹16.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.36, up 581.25% from ₹0.64 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post