New Delhi, Sterling and Wilson Renewable Energy Ltd (SWREL) on Thursday posted about 38 per cent rise in consolidated net profit to Rs 53.27 crore in the June quarter, supported by a fall in expenses.It had clocked a net profit of Rs 38.69 crore in the corresponding first quarter of the preceding 2025-26 fiscal year, the company said in an exchange filing.During April-June, the company's total income fell to Rs 1,610.31 crore from Rs 1,782.74 crore in the year-ago period.In Q1 FY27, SWREL managed to reduce its expenses to Rs 1,553.66 crore from Rs 1,708.07 crore in the same quarter a year ago.In a statement, the company said it has concluded the quarter with highest-ever unexecuted order value (UOV) of Rs 13,000 crore.Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, said, "We expect this growth to reflect on the topline and bottom-line in the months ahead. The growing order book is a testimony to the confidence our customers repose in us."
SWREL Q1 profit grows 38% to over Rs 53 crore
Sterling and Wilson Renewable Energy reported a 38 percent net profit increase. This growth occurred in the June quarter, supported by reduced expenses. The company's total income saw a decrease during the April-June period. However, Sterling and Wilson Renewable Energy achieved its highest-ever unexecuted order value. This strong order book reflects customer confidence and future growth expectations.
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