Swan Defence and Heavy Industries Ltd.

NSE: SWANDEF | BSE: 533107 | ISIN: INE542F01020 | Industry: Shipping
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170.5900 8.12 (5.00%)
NSE Jun 02, 2025 15:31 PM
Volume: 527
 

ICICI Securities Limited
Reliance Naval & Engineering (RNEL) reported weak Q2FY18 results, which were below our estimates on all fronts Revenues came in | 83.3 crore, down 15.2% YoY. We estimated revenues of | 180 crore for the quarter on the back of revenue booking of patrol boats delivered to the Indian Navy during the quarter EBITDA came in at | 4.4 crore (I-direct estimate: | 16.2 crore). Interest expenses came in at | 167.7 crore, up 25.9% YoY, 11% QoQ as debt increased by | 80.7 crore over the past two quarters. The debt figure is...
Swan Defence and Heavy Industries Ltd. has gained 192.16% in the last 3 Months
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