Swan Defence Q1 FY27 Results: Net Loss Narrows to ₹41.60 Crore
Swan Defence and Heavy Industries Limited reported unaudited standalone results for Q1 FY27, with a net loss of ₹41.60 crore. Consolidated results showed a net loss of ₹41.68 crore. Total income for the quarter was ₹218.11 crore (standalone) and ₹416.11 crore (consolidated). The company also noted the approval of its amalgamation with Triumph Offshore Private Limited, with financial impact expected in Q2 FY27.
While the company reported losses, the ongoing amalgamation process and the potential financial impact in the next quarter suggest a medium-term outlook that could influence future performance.
The company reported significant losses for the quarter, both on standalone and consolidated basis, indicating a negative financial performance.
Swan Defence and Heavy Industries Limited (formerly Reliance Naval and Engineering Limited) announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors, in its meeting held on August 11, 2026, approved these results along with the limited review report from the statutory auditors.
The company reported a total income of ₹218.11 crore for the quarter ended June 30, 2026. Total expenses for the same period amounted to ₹832.11 crore, resulting in a Profit/Loss Before Exceptional Items and Tax of (₹4,160.00) crore. Consequently, the Profit/Loss After Tax for the quarter was also (₹4,160.00) crore.
On a consolidated basis, the total income was ₹416.11 crore. The total expenses stood at ₹832.11 crore, leading to a Profit/Loss Before Tax of (₹4,168.22) crore. The Profit/Loss After Tax for the consolidated results was (₹4,168.22) crore. The company reported a total comprehensive income of (₹4,254.33) crore for the quarter ended June 30, 2026.
Key financial metrics for the quarter include standalone Earnings Per Share (EPS) of (₹7.90) and consolidated EPS of (₹7.91). The company also noted that the National Company Law Tribunal, Ahmedabad, has approved the amalgamation of Triumph Offshore Private Limited with Swan Defence and Heavy Industries Limited. The necessary actions for this merger, including its financial impact, are expected to be carried out in the quarter ending September 30, 2026.
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Swan Defence and Heavy Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Swan Defence and Heavy Industries Limited. Read the original for the full detail.