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Friday, February 14, 2025

Swan Energy Q3 Results: Profit Jumps 406%, Revenue Up

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Swan Energy Q3 Results: Consolidated PAT Soars 406% to Rs 583 Crore, Revenue Up 20%

Swan Energy has reported impressive Q3 FY25 results, driven by strong revenue growth and a significant increase in other income, despite increased operational expenses across its diverse business segments.

Key Financial Highlights

  • Net Profit (PAT): Soared 406% YoY to ₹583 crore from ₹115 crore in the same quarter last year.
  • Revenue from Operations: Increased by 20% to ₹1,908 crore, up from ₹1,592 crore in the corresponding quarter of the last financial year.
  • Total Income: Reached ₹3,777 crore, boosted by other income of ₹1,868 crore.

Quarterly Performance Comparison

Compared to the previous quarter (Q2FY25):

  • PAT: Surged by 1,037% over Rs 51 crore.
  • Topline: Jumped by 85% over Rs 1,032 crore.

Other Income

The company reported other income of Rs 1,868 crore in the December-ended quarter, significantly higher than Rs 31 crore in Q2FY25 and Rs 62.78 crore in the year-ago period.

Expenses

Swan Energy incurred expenses of Rs 2,669.75 crore in the quarter under review, up from Rs 1,006 crore in Q2FY25 and Rs 1,421 crore in Q3FY24. The expenses included cost of materials consumed, employee benefits expenses, and finance costs.

Segment Revenue Analysis

  • Textile: Q3FY25 revenue stood at Rs 19 crore versus Rs 25 crore in Q2FY25 and Rs 50 crore in the year-ago period.
  • Energy: The company reported no revenue in the energy segment in the quarter under review versus Rs 66 crore in Q2FY25 and Rs 191 crore in Q3FY25.
  • Construction: Q3 revenue from the construction business was reported at Rs 30 crore versus Rs 25 crore in Q2FY25 and Rs 27 crore in Q3FY24.
  • Distribution & Development: Revenue stood at Rs 1,833 crore in Q3FY25 versus Rs 889 crore in Q2FY25 and Rs 1,273 crore in the year-ago period.
  • Shipyard Business: Yielded revenue of Rs 2 crore.

Swan Energy operates in diverse sectors including energy, textile, construction, and warehousing.

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