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Swan Defence and Heavy Industries' revenue increased 440.4% YoY
  • 05 Feb 2026
  • Swan Defence and Heavy Industries Ltd reported a 75.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 440.4%.
  • Its expenses for the quarter were down by 31.4% QoQ and 19.2% YoY.
  • The net profit increased 66.7% QoQ and decreased 37.4% YoY.
  • The earnings per share (EPS) of Swan Defence and Heavy Industries Ltd declined at 6.28 during Q3 FY 2025-26.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Swan Defence and Heavy Industries Ltd is a company operating in the defense and heavy industries sector. The company is primarily engaged in the manufacturing and supply of defense-related products and heavy machinery. The company may also be involved in research and development activities to innovate and improve its product offerings. Given the sensitive nature of its industry, Swan Defence and Heavy Industries Ltd might be subject to stringent regulatory requirements and government policies. As of the data provided, there are no specific recent major developments available for Swan Defence and Heavy Industries Ltd.

In the third quarter of the fiscal year 2026 (Q3FY26), Swan Defence and Heavy Industries Ltd reported total income of ₹10.97 crores. This represents a significant decrease of 75.2% compared to the second quarter of the fiscal year 2026 (Q2FY26), where the total income was ₹44.30 crores. However, there was a substantial year-over-year increase of 440.4% in total income compared to the third quarter of the fiscal year 2025 (Q3FY25), where the total income stood at ₹2.03 crores. These figures indicate varying performance metrics across quarters and years for the company’s revenue.

During Q3FY26, Swan Defence and Heavy Industries Ltd recorded a loss before tax of ₹33.39 crores. This result shows an improvement of 64.3% compared to the loss of ₹52.87 crores in Q3FY25. Compared to the previous quarter of Q2FY26, where the loss before tax was ₹20.32 crores, there was a 64.3% increase in the loss. The profit after tax remained in negative figures, recording a loss of ₹33.11 crores in Q3FY26, which reflects a 66.7% improvement compared to the loss of ₹52.87 crores in Q3FY25. The earnings per share (EPS) for Q3FY26 was reported at ₹-6.28, which marks a 66.6% improvement from Q3FY25’s EPS of ₹-10.13. There was, however, a decline of 38.0% year-over-year in EPS.

Total expenses for Swan Defence and Heavy Industries Ltd in Q3FY26 were ₹44.36 crores, showing a decrease of 31.4% from Q2FY26 when expenses were ₹64.62 crores. Year-over-year, total expenses decreased by 19.2% from ₹54.90 crores in Q3FY25. The company did not incur any tax expenses across the quarters reported. The financial data reflects changes in the company’s operational costs and its ability to manage expenses amidst fluctuating income levels. The data also highlights the absence of tax liabilities, which may be due to the carried forward losses or other tax strategies employed by the company.