Swaraj Engines Limited (SEL) has announced its financial results for the first quarter, showcasing impressive growth and setting new records in both engine sales and profits.

Financial Highlights

• Revenue: SEL reported a robust 16% year-over-year growth in net operating revenue, reaching ₹484.00 crore compared to the same quarter last year.
• EBITDA: The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to ₹67.00 crore, up 15% from Q1 of the previous year.
• Net Profit: SEL's net profit after tax rose by 15.7% to ₹50.00 crore, compared to ₹43.19 crore in the corresponding quarter of the previous year.
• Engine Sales: The company achieved a record-breaking quarterly engine sales volume of 49,040 units, marking a significant 17.2% increase from 41,849 units sold in the same quarter last year.

Key Performance Metrics

Management Commentary

Devjit Sarkar, Whole Time Director & CEO of Swaraj Engines Limited, commented on the results, stating, "We are pleased to report an all-time high quarterly performance in both engine sales and profitability. The strong demand for our engines has driven this impressive growth, and we remain committed to maintaining this momentum."

About Swaraj Engines Limited

Established in 1985 and headquartered in Mohali, Punjab, Swaraj Engines Limited is primarily engaged in the business of supplying engines to the Swaraj Division of Mahindra & Mahindra Ltd. (M&M). The company continues to play a crucial role in the agricultural machinery sector.

The financial results for the quarter were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on July 15. The company's statutory auditors have conducted a limited review of the financial results, ensuring compliance with applicable accounting standards and regulations.

Investors and stakeholders can access the detailed quarterly financial results on the stock exchange websites ( www.nseindia.com and www.bseindia.com ) as well as on the company's official website ( www.swarajenterprise.com ).

Market Response

Following the announcement of Q1 FY2024 results, Swaraj Engines' stock is currently trading 3.6% higher at ₹4,322.10, reflecting positive investor sentiment towards the company's strong performance.

Swaraj Engines , a company backed by the Mahindra Group, has made a significant announcement that's set to reward its shareholders handsomely. The company has declared its highest-ever dividend of ₹104.50 per share, marking a milestone in its history of shareholder returns.

Key Details of the Dividend

This substantial dividend payout underscores Swaraj Engines' strong financial position and its commitment to sharing profits with its investors. The record date of June 27, 2025, is crucial for shareholders, as it determines their eligibility to receive this dividend. Those who own Swaraj Engines shares at the close of business on this date will be entitled to the payout.

Significance for Shareholders

The announcement of this record dividend is likely to be well-received by Swaraj Engines' shareholders. With a dividend yield of 2.27% at the current share price, it represents an attractive return for investors, especially in the current economic climate.

About Swaraj Engines

Swaraj Engines, backed by the Mahindra Group, is known for its involvement in the manufacturing of engines for tractors and other agricultural equipment. This generous dividend payout may reflect the company's strong performance in its core business areas.

Investors and market analysts will be keenly watching Swaraj Engines' future performance and financial strategies following this significant dividend announcement. As always, shareholders are advised to consider their individual financial situations and consult with financial advisors regarding the implications of this dividend on their investment portfolios.