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Sterling and Wilson Renewable Energy Returns to Profit with Rs 19 Crore Net Profit in Q2
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CNBC TV18•15-10-2026, 18:59
Sterling and Wilson Renewable Energy Returns to Profit with Rs 19 Crore Net Profit in Q2
- •Sterling and Wilson Renewable Energy reported a net profit of Rs 19.2 crore in the September quarter, recovering from a loss of Rs 432.2 crore in the previous year.
- •Revenue from operations fell 12.6% year-on-year to Rs 1,527.5 crore compared to Rs 1,748.6 crore in the same period last year.
- •Operating performance improved significantly as EBITDA rose to Rs 56 crore with margins increasing to 3.7%.
- •The company's unexecuted order book stands at Rs 12,480 crore, marking a 34% year-on-year growth in the first half of FY27.
- •SWREL recently secured domestic and international orders worth over Rs 985 crore, including major projects in Rajasthan, South Africa, and Egypt.
Key Questions Answered
Sterling and Wilson Renewable Energy returned to a net profit of ₹19.2 crore for the September quarter of FY27, compared to a loss of ₹473.2 crore in the same period last year, while its revenue fell 12.6% year-on-year to ₹1,527.5 crore.
SWREL's unexecuted order book stood at ₹12,480 crore. The company recently secured domestic and international orders worth over ₹985 crore, including a 534.3 MWp solar project in Rajasthan, two BESS projects in South Africa, and the West Minya Solar Power Project in Egypt.
The company's earnings before interest, tax, depreciation and amortisation (EBITDA) rose to ₹56 crore from ₹4 crore a year earlier, while the EBITDA margin increased to 3.7% from 0.2%.
