Swan Defence H1 FY27 Revenue Jumps 2.5x to ₹99.46 Cr

Swan Defence and Heavy Industries Limited (SDHI) announced its unaudited financial results for the half year ended September 30, 2026. Revenue from operations surged by 2.5 times to ₹99.46 Cr (₹39.99 Cr in H1 FY26). Total income increased to ₹167.87 Cr (₹111.49 Cr). The company reported a Profit Before Tax (PBT) of ₹(38.37) Cr (₹(3.48) Cr) and a Profit After Tax (PAT) of ₹524.78 Cr (₹(15.17) Cr), with the consolidated financial statement restated due to the Triumph Offshore Private Limited merger. SDHI's order book stands at approximately ₹6,500 Cr, providing revenue visibility through FY31. Key business highlights include securing export orders for ammonia dual-fuel bulk carriers and harbour tugs, completing several ship repair projects, and commencing steel cutting for barge unloaders. A strategic MoU was signed with DNV, and the company received in-principle approval for brownfield expansion under the National Shipbuilding Mission.