Results - Announcements
Swati Projects Ltd share price inched up 2.83% to Rs 55.23 after the company's net profit saw a strong growth of 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, easing 5.96%. It has improved by 2.69% over last one week and dipped slightly by 2.85% in last one month while the market capitalization of Swati Projects Ltd has marginally improved by 6.67% and 4.21% 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 jumping 358.82% quarter-on-quarter. EBITDA came in at Rs 4 crore, tumbling by 40.99% YoY and expanding by 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 eased 1.34% to Rs 1.47 crore, while net profit plunged by 36.05% to Rs 0.55 crore, compared to previous FY. EBITDA expanded by 15% to Rs 0.82 crore, and PBT collapsed by 30.84% to Rs 0.74 crore compared to previous FY.
Swati Projects Ltd jumped 57.80% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.03% during the same period.