Swan Defence and Heavy Industries533107Shipbuilding, defence
Swan Defence reported a superficially strong but operationally weak quarter driven by tax write-back
By ScoutQuest · · 1 min read
- Tax write-back
- 563 crores
- EBITDA loss
- 17 crores
- Prior year EBITDA loss
- 8 crores
- Revenue growth
- 73 percent
- Net profit
- 566 crores
Heard on business television between 08:24:43 - 08:27:43 IST.
- Jump in profitability mainly driven by a tax provision write-back of about 563 crores
- EBITDA loss more than doubled to about 17 crore versus 8 crore loss, despite revenue up 73%
- Net profit at about 566 crore versus a loss of 60 lakh year-on-year, aided by other income of 57 crore versus 31 crore
- Revenue visibility for FY27-31 backed by 6,500 crore firm contract order book; domestic shipbuilding demand expected to pick up over next 12-18 months; legacy asset monetisation targeted FY27-28
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Source: Live TV News Channel · 13 Oct 2026
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