Hot Pursuit     04-Dec-24
Swan Energy soars on shipyard resumption
Swan Energy jumped 8.41% to Rs 684.45 after the company announced the resumption of operations at its shipyard, Reliance Naval and Engineering Limited (RNEL).
A significant milestone in the shipyard's revival, RNEL has successfully completed the refit of the Indian Coast Guard's fast patrol vessel, Raj Ratan. The company is now gearing up to commence shipbuilding operations at the facility.

Swan's shipyard boasts the largest dry dock in India, measuring 662 meters by 65 meters, and one of the largest globally. Equipped with a 600-tonne SWL goliath crane, the shipyard also features modern fabrication, piping, and painting facilities with a capacity of 12,000 tons per month. Additional facilities include a 980-meter-long pre-erection berth for assembling mega blocks and a 350-meter-long dual berthing quay for afloat fit-out and commissioning.

Swan Energy is a leading global conglomerate with diversified interests in textile, real estate, oil & gas and shipbuilding and heavy engineering.

On a consolidated basis, net profit of Swan Energy declined 39.37% to Rs 51.28 crore while net sales declined 15.62% to Rs 1032.19 crore in Q2 September 2024 over Q2 September 2023.

Previous News
  Swan Energy reports consolidated net loss of Rs 17.73 crore in the March 2025 quarter
 ( Results - Announcements 31-May-25   07:53 )
  Swan Energy consolidated net profit rises 87.71% in the June 2024 quarter
 ( Results - Announcements 14-Aug-24   16:12 )
  Board of Swan Energy recommends final dividend
 ( Corporate News - 31-May-25   12:05 )
  Swan Energy resumes operations at its shipyard
 ( Corporate News - 02-Dec-24   12:44 )
  Swan Energy reports consolidated net loss of Rs 26.35 crore in the June 2022 quarter
 ( Results - Announcements 10-Aug-22   08:12 )
  Swan Energy Ltd Spikes 2.4%, S&P BSE Realty Index index Rises 1.6%
 ( Hot Pursuit - 25-Jan-24   09:30 )
  Swan Energy repays debt of Rs 40 cr
 ( Corporate News - 27-Dec-23   13:14 )
  Swan Energy subsidiary Swan LNG repays entire loan of Rs 2206 cr
 ( Corporate News - 04-Mar-24   12:51 )
  Swan Energy to conduct AGM
 ( Corporate News - 06-Sep-24   17:42 )
  Volumes spurt at ITI Ltd counter
 ( Hot Pursuit - 07-Nov-24   14:30 )
  Swan Energy reports consolidated net loss of Rs 19.13 crore in the March 2022 quarter
 ( Results - Announcements 01-Jun-22   16:15 )
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