Home / Business and Economy / Swan Defence's Losses Balloon to Rs 31.17 Cr in Q2 2025
Swan Defence's Losses Balloon to Rs 31.17 Cr in Q2 2025
2 Aug
Summary
- Swan Defence reports net loss of Rs 31.17 crore in Q2 2025
- Sales increased to Rs 0.42 crore in Q2 2025 from zero in Q2 2024
- Company's losses narrowed by 39% compared to previous quarter
In the quarter ended June 2025, Swan Defence and Heavy Industries reported a net loss of Rs 31.17 crore, a significant improvement from the Rs 51.45 crore loss recorded in the previous quarter ended June 2024. The company's sales increased to Rs 0.42 crore in the latest quarter, compared to zero sales in the same period a year earlier.
Despite the narrowing of losses, Swan Defence continues to struggle with its financial performance. The company's sales remain extremely low, indicating ongoing challenges in its operations. However, the 39% reduction in net loss compared to the previous quarter suggests that the company may be taking steps to control its expenses and improve its financial position.
As the company navigates through these difficult times, it will be crucial for Swan Defence to find ways to boost its revenues and streamline its operations to return to profitability. The coming quarters will be crucial in determining the company's long-term prospects and its ability to overcome the current challenges it faces.