Results - Announcements
Swati Projects Ltd share price gained 4.98% to Rs 53.71 after the company's net profit surged by 262.35% to Rs 3.08 crore, while revenue from operations increased sharply by 207.74% to Rs 5.17 crore in Q2FY27 over Q2FY26.
The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 19.65 lakh crore, rising 6.35%. It has improved by 1.22% over last one week and eased lower by 4.98% in last one month while the market capitalization of Swati Projects Ltd has marginally improved by 5.63% and 6.83% in the same period respectively.
Profit before tax (PBT) of Swati Projects Ltd stood at Rs 3.9 crore in Q2 FY27, tanking 41.18% year-on-year, and expanding by 358.82% quarter-on-quarter. EBITDA came in at Rs 4 crore, crashing by 40.99% YoY and jumping 346.59% sequentially.
Total expenses witnessed a sharp rise of 91.67% to Rs 1.61 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 0.21 crore, remaining flat YoY.
For FY26, revenue from operations softened by 1.34% to Rs 1.47 crore, while net profit witnessed a sharp fall of 36.05% to Rs 0.55 crore, compared to previous FY. EBITDA rose by 15% to Rs 0.82 crore, and PBT plunged by 30.84% to Rs 0.74 crore compared to previous FY.
Swati Projects Ltd rallied 61.10% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.37% during the same period.