SWPEL H1 Revenue Grows 16% to ₹1194 Mn, PAT Up 23% to ₹133 Mn

South West Pinnacle Exploration Limited (SWPEL) reported a 16% year-on-year revenue growth to ₹1194 Million for H1 FY27, despite temporary operational challenges like heavy monsoons and equipment maintenance impacting Q2. Profit After Tax (PAT) grew by 23% YoY to ₹133 Million. The company secured funding for planned capital expenditure, with new drilling rigs expected in Q3 FY27 to boost execution capacity. SWPEL's order book reached an all-time high of ₹7,671 Million, including a new international order from Oman. Exploration for the Jharkhand Coal Block is complete, with the mining plan submission imminent. CRISIL upgraded the company's rating to BBB+/Stable/A2. Management is optimistic about H2 FY27 performance, driven by the strong order book and capacity expansion.