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Swan Defence Swings to ₹566 Crore Net Profit in Q2

Swan Defence and Heavy Industries reported quarterly net profit of ₹566.44 crore, versus a year-ago loss of ₹0.55 crore. The profit includes a write-back of excess provisions made in earlier years.

SWANDEF

55 crore in the year-ago period. The profit includes the reversal of excess provisions made in earlier years, as disclosed in the company’s…