Categories Earnings, Industrials
Sterling and Wilson Solar Ltd Q4FY23 results out, revenue drops by 92%
Sterling and Wilson Solar Ltd is one of the leading end-to-end solar engineering, procurement and construction (EPC) solutions provider globally and is also engaged in the operation and maintenance (O&M) of solar power projects. The company is backed by strong parentage of the Shapoorji Pallonji Group (SP Group).
- Sterling and Wilson Solar Ltd Ltd reported Total Income for Q4 FY23 of ₹88 Crore, down from ₹1,071 Crore year on year, a decline of 92%.
- Total Expenses for Q4 FY23 of ₹441 Crore down, from ₹1,195 Crore year on year, a decline of 63%.
- Consolidated Net Profit of -(₹421) Crore, down 231% from -(₹127) Crore in the same quarter of the previous year.
- The Earnings per Share is -(₹22.01), down 230% from -(₹6.66) in the same quarter of the previous year.
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