Swan Energy slips into red, records consolidated loss of ~Rs2cr in Q1FY21

Consolidated net revenue of the company in Q1FY21 stood at ~Rs29cr.

Sep 15, 2020 07:09 IST India Infoline News Service

Quarterly Results
Swan Energy Ltd announced its Q1FY21 results on Sep 15, 2020. Consolidated net revenue of Swan Energy Ltd in Q1FY21 stood at Rs29.08cr, which declined by 57.88% yoy from Rs69.04cr in Q1FY20.

EBITDA stood at Rs5.95cr in Q1FY21 that decreased by 55.56% yoy. For Q1FY20, it had posted EBITDA of Rs13.39cr. EBITDA margin as of Q1FY21 was at 20.46% that rose  by 1.07% yoy against the same quarter, the previous year.

The consolidated net loss in Q1FY21 came in at Rs1.72cr which declined by 227.41%, as compared to Q1FY20, when it had reported profit of Rs1.35cr. The net profit margin in Q1FY21 came in at negative 5.91% which declined by 7.87% yoy. The net profit margin for Q1FY20 was at 1.96%.

Share price of company closed at Rs118.35 down by 0.34% on BSE.

Particulars Q1FY21 (Rs in cr) Q1FY20 (Rs in cr) % VAR
Net Revenue 29.08 69.04 -57.88
Operating Profit 5.95 13.39 -55.56
Net Profit(Loss) (1.72) 1.35 -227.41
EBITDAM% 20.46 19.39 1.07
PATM% -5.91 1.96 -7.87

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