Swan Defence reported Q4FY26 revenue growth of 4,709% YoY to ₹236.28 crore, while FY26 revenue rose 3,910% to ₹282.14 crore. The company reported FY26 net loss of ₹225.97 crore after one-time book loss of ₹262 crore on offshore vessel sale. The board also approved enabling resolution to raise up to ₹4,000 crore.