Swaraj Engines posts record Q2 profit and revenue growth
In short
Swaraj Engines said its September quarter was its best ever for profit before tax and profit after tax. It also said revenue and EBITDA grew by more than 20% from a year earlier.
That kind of result can support the stock, and the shares rose after the update. The reporting does not give the exact profit, revenue, or margin numbers.
What the reporting says
Swaraj Engines reported its highest ever profit before tax and profit after tax in the September quarter, with revenue and EBITDA growing by more than 20% year on year. The source does not give the exact figures for profit, revenue, or margins, but says the results were strong enough to lift the stock. The immediate consequence is a positive market reaction after the quarterly update.
Why it matters
Swaraj Engines reported its highest ever profit before tax and profit after tax in the September quarter, with revenue and EBITDA up more than 20% from last year. The result appeared to support the share price, according to the source summary. The reporting does not provide the exact margin expansion or quantify the stock move beyond the stated reaction.