Swadeshi Industries Reports Robust Q1 Growth, Appoints New Leadership, and Approves Strategic Initiatives
Swadeshi Industries & Leasing Ltd reported impressive Q1 FY2026 results with total income rising 294% to INR 929.43 lacs and net profit surging 578% to INR 34.56 lacs. The company appointed Mr. Dilip Jagdish Pendse as Independent Director and Mr. Naresh Poonamchand Jain as CFO. Strategic initiatives include approval to borrow up to INR 25 crore, acquire shares in Swadeshi Agrotech Industries, amend the memorandum of association, and a previous preferential allotment of warrants.