Swaraj Engines Reports Record Q2 & H1 FY26 Results; Announces Board Leadership Changes
Swaraj Engines reported record Q2 and H1 FY26 sales and profits. The board also accepted Mr. Rajesh Jejurikar's resignation as Chairman and appointed Mr. Rajya Vardhan Kanoria as new Chairman and Mr. Gaganjot Singh as Additional Director.
The announcement includes record-breaking financial results for both the quarter and half year, signifying robust business performance. Additionally, it details key leadership changes at the Chairman and Director level, which are high-impact corporate governance events.
The company reported its highest-ever sales volume and profit for both the second quarter and the half year, indicating strong financial performance. The board changes, while significant, do not inherently suggest a negative outlook and are presented as part of routine governance.
Swaraj Engines Limited's Board of Directors, in a meeting held on October 16, 2025, approved the unaudited financial results for the second quarter and half year ended September 30, 2025, which saw the company achieve its highest-ever Q2 and H1 sales and profit. * For the second quarter (July-September 2025): * Engine sales volume reached 51,164 units, up from 46,962 units in the same period last year. * Net Operating Revenue increased to ₹504.04 crore, compared to ₹464.24 crore last year. * Operating Profit surged by 8.3% to ₹68.03 crore from ₹62.84 crore. * Profit After Tax (PAT) grew by 9.4% to ₹49.68 crore from ₹45.42 crore. * For the half year (April-September 2025): * Engine sales recorded the highest ever at 1,00,204 units, a 12.8% increase over 88,811 units last year. * Net Operating Revenue stood at ₹988.14 crore, up from ₹882.23 crore. * Profit Before Tax (PBT) increased by 12.5% to ₹133.92 crore from ₹119.01 crore. * PAT reached a record ₹99.65 crore, compared to ₹88.61 crore last year.
The Board also announced significant changes in its leadership: * Mr. Rajesh Jejurikar resigned as Director and Chairman of the Company, effective close of October 16, 2025. * Mr. Rajya Vardhan Kanoria, an existing Non-Executive Independent Director, has been appointed as the new Chairman of the Board of Directors, effective October 17, 2025. * Mr. Gaganjot Singh has been appointed as an Additional Director (Non-Executive Non-Independent), effective October 17, 2025.
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Swaraj Engines 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 high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Swaraj Engines Limited. Read the original for the full detail.