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13-Feb2018

Swan Energy reports 12% fall in Q3 net profit

Swan Energy has reported results for third quarter ended December 31, 2017.

The company has reported 11.76% fall in its net profit after tax at Rs 0.15 crore for the quarter under review as compared to Rs 0.17 crore for the same quarter in the previous year. However, total income of the company increased by 42.34% at Rs 99.45 crore for Q3FY18 as compared Rs 69.87 crore for the corresponding quarter previous year. 

Swan Energy is engaged in trading in fabric as well as in development of properties. Their activity includes manufacturing and marketing of cotton and polyester sarees and shirtings in India. The company also engaged in the business of Textiles, Property Development.


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