Swan Corp has reported a sharp turnaround in its consolidated financial performance for the fourth quarter ended March 31, 2026, swinging to a net profit of ₹2,513.26 lakh from a net loss of ₹223.47 lakh in the same quarter of the previous year. This recovery underscores a significant improvement in the company's financial position, driven by a surge in total income from operations which rose to ₹1,50,858.39 lakh from ₹88,203.35 lakh year-on-year. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, on May 29, 2026.

Q4 Financial Performance at a Glance

The company's consolidated total income from operations recorded substantial growth during the quarter. The following table summarizes the key financial metrics for the quarter on a year-on-year basis:

Key Highlights

• Swan Corp's consolidated net profit after tax stood at ₹2,513.26 lakh in Q4, compared to a net loss of ₹223.47 lakh in the year-ago quarter, representing a decisive swing to profitability.
• Total income from operations surged to ₹1,50,858.39 lakh from ₹88,203.35 lakh year-on-year, indicating strong top-line momentum.
• For the full year ended March 31, 2026, the company reported a consolidated net profit after tax of ₹2,712.81 lakh and total income from operations of ₹5,14,351.46 lakh.
• Basic and Diluted Earnings Per Share (EPS) for the quarter stood at ₹8.02, compared to ₹(0.71) in the corresponding period of the previous year.

The turnaround from a loss position to a substantial profit, coupled with robust income growth, highlights Swan Corp's improved operational and financial performance in Q4 on a year-on-year basis.

Swan Corp Limited’s Board has approved the re-appointment of Mr. Sugavanam Padmanabhan as Whole-Time Director for a term of three years, effective from September 24, 2026, subject to shareholder approval. The decision was taken at the Board meeting held on May 29, 2026. The re-appointment ensures continuity in leadership as the director brings over 50 years of experience in the Oil & Gas industry.

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the extension for Mr. Sugavanam Padmanabhan (DIN: 03229120). He is a Chartered Accountant and former Director (Finance) of Indian Oil Corporation Limited. The appointment is contingent upon approval by shareholders at the ensuing Annual General Meeting (AGM).

The Audit Committee recommended the appointment of Mr. Narendra Vala as the Internal Auditor for the financial year 2026-27 under Section 138 of the Companies Act, 2013. Mr. Vala is a Chartered Accountant with approximately 11 years of experience in the manufacturing industry, specializing in corporate accounting, banking, and taxation.

Additionally, the Board appointed M/s. Nisha Patel & Associates as the Cost Auditor for the financial year 2026-27 in terms of Section 148 of the Companies Act, 2013. Ms. Nisha Patel, the proprietor, is a qualified Cost Accountant with over 14 years of experience auditing listed and unlisted companies.

Key Appointments

The Board meeting commenced at 3:00 PM and concluded at 5:00 PM on May 29, 2026. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.