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Sterling & Wilson Renewable Energy Ltd Q3FY24; 43% rise in Revenue

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 Reliance Industries

Financial Results:

Sterling & Wilson Renewable Energy Ltd reported Revenues for Q3FY24 of ₹583.00 Crores up from ₹407.00 Crore year on year, a rise of 43.24%.

Total Expenses for Q3FY24 of ₹671.00 Crores up from ₹513.00 Crores year on year, a rise of 30.8%.

Consolidated Net Profit of -₹62.00 Crores from -₹99.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹2.73, from -₹5.34 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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