Result Updates Alert
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2.49%

Heavy Electric Equipment company Sterling and Wilson Renewable Energy announced Q2FY23 results:

  • Revenue decreased by 38.9% YoY in 1HFY23 due to lower contributions from on-going EPC projects
  • Net debt of Rs 885 crore as of 30 September 2022
  • The company has been awarded NTPC 1.6 GW order worth Rs 2,200 crore (including 3 years O&M)
  • The company recorded losses of Rs 299 crore

 

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