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Swiss Military Q4 net profit up 42.7%; annual revenue rises 44.5% to Rs 187.9 crore in FY24

New Delhi: Global lifestyle brand Swiss Military on Wednesday has reported 42.7 per cent increase in the consolidated net profit to Rs 2.37 crore in the fourth quarter ended March 2024 as against the net profit of Rs 1.66 crore in the same period of the previous fiscal, it said in a regulatory filing.

Its year-on-year consolidated net profit grew to Rs 8.34 crore in 2023-24 as compared to the net profit of Rs 6.17 crore in 2022-23.

The company's revenue from operations stood at Rs 54.08 crore in Q4 FY24 as against the revenue of Rs 39.26 crore in Q4 FY23. Its revenue from operations for the year 2023-24 rose 44.5 per cent at Rs 187.91 crore as compared to Rs 129.99 crore in the previous year.

Its total expenses also grew Rs 51.28 crore in Q4 FY24 as compared to Rs 37.55 crore in Q4 FY23, as per the BSE filing.

On its financial performance, Anuj Sawhney, managing director of Swiss Military Consumer Goods said, “We have achieved another strong financial quarter, thanks to robust turnover growth and significant brand development initiatives. Swiss Military is debt-free and asset-light with a very strong research-based approach to solving customer problems."

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Swiss Military Standalone March 2026 Net Sales at Rs 62.43 crore, up 7.94% Y-o-Y

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Swiss Military Mortley Klok 20w Soundbar review: Sturdy design, affordable pricing

Rating- 3/5
Swiss Military is a brand popularly known for its luxury lineup of including bags, luggage trolleys, knife sets and more. The company has been steadily expanding its presence in the consumer electronics market. Diversifying their product lineup in India, it has introduced Swiss Military Mortley Klok 20 watt soundbar.
Offered in two colour options – Grey and Black, the bar-shaped speaker has an MRP price of Rs 7,590.It is currently available at Rs 1,699 on the company’s website. In this review, we will examine how this Bluetooth speaker stacks up against the established competitors in the audio market and whether it successfully translates the brand’s core values. Read on

Design

The Swiss Military Mortley Klok 20w Soundbar has a sleek, minimalist design which is typical of modern day audio devices. It has a long, rectangular shape to sit right below or in front of the TV. As mentioned before, it is offered in two colours - Black and Grey.
We reviewed the Grey variant which looks classic with its mesh grille on the top and matte black plastic covering on the other side. The grille spans most of the speaker body which is good to look at. The…