Categories Earnings, Industrials

Swan Energy Ltd Q4FY23 results out, revenue grows by 199%

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.

  • Swan Energy Ltd reported Total revenue for Q4 FY23 of ₹933 Crore, up from ₹312 Crore year on year depicting a growth of 199%.
  • Total Expenses for Q4 FY23 of ₹749 Crore up, from ₹288 Crore year on year, a growth of 160%. 
  • Consolidated Net Profit of ₹57 Crore, up 239% from -(₹41) Crore in the same quarter of the previous year.
  •  The Earnings per Share is ₹0.10, up 114% from -(₹0.72) in the same quarter of the previous year.

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