Sterling and Wilson Renewable Energy reports Rs 4.8 crore profit in Q1

Sterling and Wilson Renewable Energy Ltd had clocked a net loss of Rs 95.32 crore in the year-ago period, the company said in an exchange filing.

Sterling and Wilson Renewable Energy reports Rs 4.8 crore profit in Q1
The expenses stood at Rs 913.23 crore during the quarter as against Rs 617.68 a year earlier. (Credit -Company website)

Sterling and Wilson Renewable Energy Ltd on Thursday posted a net profit of Rs 4.83 crore for the June quarter.

It had clocked a net loss of Rs 95.32 crore in the year-ago period, the company said in an exchange filing.

The company's total income rose to Rs 927.89 crore from Rs 522.35 crore in the same quarter a year ago.

The expenses stood at Rs 913.23 crore during the quarter as against Rs 617.68 a year earlier.

In a statement, Sterling and Wilson Renewable Energy Group Global CEO Amit Jain said, "We are well-positioned to continue this upward trajectory and deliver enhanced value to all our stakeholders."

 The company's current order book stands at Rs 2,170 crore, while net debt was at Rs 97 crore.

Sterling and Wilson Renewable Energy Ltd is an end-to-end renewable engineering, procurement, and construction solutions provider for utility-scale solar, floating solar and hybrid and energy storage solutions.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-latest-fd-interest-rates-for-senior-citizens-know-what-major-banks-like-icici-bank-hdfc-bank-of-baroda-sbi-canara-bank-axis-bank-providing-currently-on-fixed-deposits-calculator-327278

Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits

https://www.zeebiz.com/personal-finance/photo-gallery-gratuity-calculator-inr-rs-38000-as-last-drawn-basic-salary-pay-and-5-years-5-months-of-service-know-gratuity-amount-payment-act-1972-eligibility-criteria-conditions-employer-employees-wage-327018

Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?

https://www.zeebiz.com/personal-finance/news-retirement-planning-sip-investment-monthly-grow-strategy-compounding-327195

Retirement Planning: In how many years your Rs 25K monthly SIP investment will grow to Rs 8.8 cr | See calculations

https://www.zeebiz.com/personal-finance/photo-gallery-top-5-small-cap-mutual-funds-with-best-sip-xirr-returns-in-1-year-calculator-inr-rs-25000-monthly-investment-has-grown-to-355000-nifty-150-tri-bse-invesco-edelweiss-hsbc-franklin-nav-aum-327419

Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme

https://www.zeebiz.com/markets/stocks/news-goldman-sachs-reiterates-sell-on-vodafone-idea-sees-66-downside-327369

Goldman Sachs reiterates 'sell' on Vodafone Idea; sees 66% downside

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-sbi-sip-mutual-funds-with-highest-sip-return-xirr-in-1-year-capital-gains-calculator-how-inr-rs-25000-monthly-investment-has-grown-to-bse-sp-nifty-multi-large-health-tech-banking-326674

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-mid-cap-sip-mutual-funds-with-highest-best-xirr-capital-gains-returns-in-5-years-calculator-inr-rs-15000-monthly-investment-in-no-1-scheme-rises-to-2384990-nifty-bse-aum-nav-hdfc-motilal-quant-326928

Top 7 Mid Cap Mutual Funds With up to 41% SIP Returns in 5 Years: No 1 fund has converted Rs 15,000 monthly investment into Rs 23,84,990

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-state-bank-of-india-5-years-fixed-deposit-fd-vs-post-office-monthly-income-scheme-mis-where-can-you-get-more-income-in-5-years-on-investment-of-rs-200000-see-calculations-327293

SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations

https://www.zeebiz.com/markets/stocks/photo-gallery-multibagger-defence-psu-stock-garden-reach-shipbuilders-and-engineers-grse-share-price-nse-bse-target-by-brokerage-new-order-327304

Multibagger Defence PSU Stock: Shares to be in focus as company signs new pact - Check targets by brokerage

https://www.zeebiz.com/personal-finance/photo-gallery-sip-investment-formula-power-of-compounding-become-crorepati-build-1-cr-corpus-strategy-327055

12x15x20 SIP Formula: How you can build Rs 1 cr corpus in 15 yrs by using this SIP formula | Know here

Written By: PTI
Updated: Thu, Jul 18, 2024
03:29 PM IST
renewable, PTI
RELATED NEWS
Crisil reports 13% rise in Q3 net profit at Rs 171.55 crore Crisil reports 13% rise in Q3 net profit at Rs 171.55 crore
Emami PAT rises 10% to Rs 150.6 crore in June quarter Emami PAT rises 10% to Rs 150.6 crore in June quarter
Deepak Fertilisers and Petrochemicals Corporation Q1 PAT surges 75% to Rs 200 crore Deepak Fertilisers and Petrochemicals Corporation Q1 PAT surges 75% to Rs 200 crore

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x