Bussiness News

Profit Rises 29%, Announces Dividend

Shares of Swaraj Engines Ltd. surged more than 11% on Wednesday as its net profit grew in the fourth quarter of fiscal 2025.

The company’s net profit grew to Rs 45.4 crore, representing a 29% rise for the quarter ended March 31, 2024, as compared to Rs 35.2 crore for the same period last year.

Its revenue rose more than 29% to Rs 454 crore for the January- March quarter from Rs 351 crore for the year-ago period.

The Punjab headquartered firm’s earnings before interest, tax, depreciation and amortisation climbed to Rs 61.9 crore, denoting a 28.7% rise as against Rs 48.1 crore for the same quarter of the corresponding year.

Margins remained flat at 13.6% for the quarter under review from 13.7% for the same period of fiscal 2024.

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