HomeNewsBusinessEarningsShakti Pumps: Delay in business recovery and margin pressure add to its woes

Shakti Pumps: Delay in business recovery and margin pressure add to its woes

While market fear about growth valuation offer huge comfort

Jitendra Kumar Gupta

May 05, 2022 / 12:53 IST

Shakti Pumps: Delay in business recovery and margin pressure add to its woes

Sterling and Wilson Renewable Energy | The company posted loss at Rs 126.61 crore for the quarter ended March 2022, which narrowed from loss of Rs 344.80 crore reported in the same period last year. However, revenue fell sharply to Rs 1,071 crore from Rs 1,364.5 crore during the same period. In the financial year FY22, the loss stood at Rs 916 crore, widened from Rs 290 crore in previous year, while revenue rose moderately to Rs 5,199 crore from Rs 5,081 crore during the same period.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More