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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Swan
Swan (503310) investor relations material
Swan Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary4 Nov, 2026
Executive summary
Consolidated Q2 FY26/27 revenue was ₹104,588.80 lakh; net profit was ₹56,554.38 lakh, largely reflecting a ₹55,806.10 lakh current-tax credit.
H1 revenue was ₹205,963.59 lakh and net profit ₹52,955.16 lakh; standalone H1 net profit was ₹443.32 lakh.
Financial highlights
Consolidated Q2 revenue fell from ₹113,834.26 lakh a year earlier; H1 revenue declined from ₹235,152.69 lakh.
Consolidated Q2 profit before tax was ₹751.69 lakh; H1 recorded a pre-tax loss of ₹2,744.16 lakh.
Standalone Q2 revenue was ₹5,105.25 lakh and net profit ₹390.06 lakh; H1 revenue was ₹10,410.61 lakh and net profit ₹443.32 lakh.
Consolidated H1 total comprehensive income was ₹54,511.78 lakh, including net profit of ₹52,955.16 lakh.
Segment performance
Consolidated Q2 revenue included ₹85,778.29 lakh from Distribution & Development; total consolidated revenue was ₹104,588.80 lakh.
The business reported seven segments: Textile, Energy, Construction / Others, Distribution & Development, Warehousing, Manufacturing, and Shipyard.
Following the TOPL–SDHI amalgamation, TOPL operations previously classified under Energy were reclassified to Shipyard.
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Latest events from Swan
- Revenue up 249% YoY, EBITDA up 292%, and PAT turnaround to ₹58,596.68 lakhs.503310
Q4 23/24 - Q1 FY27 saw higher revenue but a consolidated net loss, led by Distribution & Development.503310Q1 26/27
- FY 2025-26 consolidated net profit was ₹27,128.10 lakhs on revenue of ₹4,37,119.56 lakhs.503310Q4 25/26
- Q3 FY26 saw strong consolidated revenue growth and solid segment contributions, with net profit at ₹6,194.87 lakh.503310Q3 25/26
- Revenue and net profit surged year-over-year, led by energy and distribution segment growth.503310Q2 25/26
- Q1 FY25 saw robust profit growth, a major asset sale, and strategic expansion into IT services.503310Q1 24/25
- Q2 FY25 saw strong consolidated profits and a strategic SPV launch in high-growth sectors.503310Q2 24/25
- Q3 FY25 saw robust revenue and profit growth, bolstered by energy and new shipyard operations.503310Q3 24/25
- Record income, profit, and margin expansion in FY25, with major debt reduction and growth initiatives.503310Q4 24/25
Next Swan earnings date
Q3 26/2711 Feb, 2027
Swan
Next Swan earnings date
Q3 26/2711 Feb, 2027
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