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Swan Energy Ltd Q4FY24; 10% fall in Profits

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 Q4FY24 of ₹1,398.00 Crores up from ₹933.00 Crore year on year, a rise of 49.84%.

Total Expenses for Q4FY24 of ₹1,367.00 Crores up from ₹838.00 Crores year on year, a rise of 63.13%.

Consolidated Net Profit of ₹56.00 Crores down 9.68% from ₹62.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.85, up 304.76% from ₹0.21 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.

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