Q3 FY26 results: revenue jumps sharply, loss narrows; Rs 1,150 Cr NaBFID loan cleared
SWANDEF · price
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Swan Defence posted Q3 FY26 standalone revenue of Rs 587.18 lakhs versus Rs 116.22 lakhs YoY. 9M FY26 revenue surged to Rs 4,586.08 lakhs from Rs 212.22 lakhs last year. 9M net loss narrowed to Rs 8,488.19 lakhs from Rs 15,860.97 lakhs; Q3 net loss was Rs 3,338.68 lakhs. Board approved a Rs 1,150 Crore Rupee Term Loan from NaBFID to refinance existing creditors, tenure about 10.75 years at around 9 percent. A Risk Management Committee was also constituted. Auditor N N Jambusaria and Co gave an unqualified review report.
Sharp revenue jump and loss narrowing hint at early turnaround. Rs 1,150 Cr NaBFID refinancing eases near-term debt pressure and extends tenor.