Sterling and Wilson Renewable Energy Sep quarter net loss narrows to Rs 54.51 cr

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Sterling and Wilson Renewable Energy Ltd on Saturday said its consolidated net loss narrowed to Rs 54.51 crore in the September 2023 quarter due to higher income. It had clocked a net loss of Rs 298.71 crore during the September 2022 quarter, the company said in a regulatory filing. It had clocked a net loss of Rs 298.71 crore during the September 2022 quarter, the company said in a regulatory filing.

The company’s total income rose Rs 776.73 crore from Rs 410.80 crore a year ago. Its expenses increased to Rs 826.68 crore against Rs 719.20 crore in the year-ago period. Its expenses increased to Rs 826.68 crore against Rs 719.20 crore in the year-ago period. Sterling and Wilson Renewable Energy Limited’s offerings include EPC solutions for hybrid energy and energy storage.