In Short : Sterling and Wilson Renewable Energy reported a profit of Rs 4.8 crore in Q1. This positive financial performance highlights the company’s growth and success in the renewable energy sector. In Detail : Sterling and Wilson Renewable Energy Ltd on Thursday posted a net profit of Rs 4.83 crore for the June quarter. […]
In Short : Sterling and Wilson Renewable Energy have appointed Pammi Venkata Nrusimha Sai as the Head of O&M (Operations and Maintenance), Wind Division. This indicates the company’s focus on enhancing its capabilities in the wind energy sector and ensuring the efficient and reliable operation of its wind power projects. In Detail : Sterling and […]
In Short : Sterling and Wilson Renewable Energy report a narrowed loss of Rs 62.39 crore in the December quarter. This improvement suggests potential financial recovery and operational efficiency measures within the renewable energy sector. In Detail : In a separate statement, the company said the quarter witnessed strong order inflow from prestigious domestic and […]
Mumbai : Sterling and Wilson Renewable Energy Limited (SWRE) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR) has, on Thursday, December 14th, 2023, announced the completion of a fundraise of Rs. 1,500 crore through Qualified Institutions placement (QIP) route. The Securities Issuance Committee of Board of Directors at its meeting held on December 14th, 2023 approved […]
In Short : India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy to a ‘default’ grade, signaling financial concerns within the company. This downgrade reflects challenges faced by the renewable energy sector and emphasizes the need for sound financial management and strategic planning in the industry. Companies operating in the renewable sector […]
The consolidated net loss of the company was Rs 127 crore in the quarter ended on March 31, 2022, according to a regulatory filing. Sterling and Wilson Renewable Energy on Thursday reported a widening of its consolidated net loss to Rs 421 crore in the March quarter, mainly due to lower revenues. The consolidated net […]
New Delhi : Sterling and Wilson Renewable Energy Limited (SWREL) on Thursday said it has narrowed its consolidated net loss to Rs 99.15 crore during December quarter, mainly due to lower expenses. The company had reported a consolidated net loss of Rs 428.78 crore in the year-ago period, according to a regulatory filing. Total income […]
Shares of Sterling and Wilson Renewable Energy on Friday dropped nearly 4 per cent after Shapoorji Pallonji and Company proposed to offload 1.25 pc stake in the firm. The company’s shares fell 3.31 per cent to end at Rs 279.05 apiece on the BSE. During the day, stock opened on a muted note at Rs […]
Construction firm Shapoorji Pallonji and Company Private Limited has proposed to offload the 1.25 per cent shares it holds in green energy company Sterling and Wilson Renewable Energy Ltd New Delhi: Construction firm Shapoorji Pallonji and Company Private Limited has proposed to offload the 1.25 per cent shares it holds in green energy company Sterling […]