Swan Corp reports robust profit growth, strategic divestments in 2025

Swan Corp Limited reported a significant increase in consolidated profit before tax (PBT), rising to ₹1,471.50 crores for FY 2024-25, compared to ₹60,933.89 lakhs in the previous year. Consolidated revenue from operations stood at ₹4,937.87 crores, reflecting solid contributions from key sectors. The company’s net profit for the year reached ₹87,440.51 lakhs on a consolidated basis. The company has fixed September 22, 2025, as the record date for determining eligible shareholders for a dividend of ₹0.10 per equity share (10%) for the financial year 2024-25.

Key operational highlights include the successful sale of its floating storage and regasification unit (FSRU) 'Vasant-1' for approximately USD 399 million, optimizing capital allocation amidst global LNG market volatility. The onshore LNG terminal at Jafrabad, Gujarat, is nearing completion with long-term regasification agreements. The shipbuilding division, now Swan Defence and Heavy Industries (SDHI), commenced operations, executing three refit orders for the Indian Coast Guard ahead of schedule.

The real estate division’s Cardinal One project in Bengaluru successfully completed, with over 90% of premium apartments sold. The company continues to explore monetization opportunities for its land bank across Southern India, with total income for FY 2024–25 increasing by approximately 35% to ₹6,88,368.00 lakhs.