# Swaraj Suiting nears 52-week high, revenue doubles in Q1FY27

2026-08-10T11:52:51+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Swaraj Suiting's share price rose nearly 1% to ₹361.95 on August 10, near its 52-week high, after the company posted strong Q1FY27 results. Revenue from operations jumped 138.8% year-on-year to Rs 183.37 crore, and net profit doubled to Rs 16.22 crore. The company said growth was driven by healthy demand, better capacity utilisation, and improved operational efficiency. Swaraj Suiting has received NSE's in-principle approval to migrate from the SME platform to the main board, which could broaden its investor base. Separately, the company received Rs 20.50 crore under government incentive schemes in the past two months, taking total subsidy receipts to Rs 27.54 crore. Construction of new spinning and textile pilot divisions is on track, with commercial production expected by Q1FY28.

## Coverage

- livemint.com <https://www.livemint.com/market/stock-market-news/nse-sme-stock-set-for-mainboard-listing-close-to-52-week-high-after-q1fy27-results-11786353510282.html>

Tags: mainboard listing, NSE, Q1 results, sme ipo, Swaraj Suiting, textile sector
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