SWREL Q1 Profit Jumps 5x YoY

  Published 10 months ago

Sterling and Wilson Renewable Energy’s Q1 profit surged 5x YoY on strong EPC project execution and improved margins despite challenges.

  • Revenue rose 92.5% YoY to ₹1,761.63 crore; domestic and international EPC segments drove growth despite execution hurdles.
  • Gross margins improved to 11.7%; EBITDA margin rose to 5.8%, boosting EBITDA 176% YoY to ₹102 crore.
  • Stock fell 2.98% post-results; sequential profit and revenue declined 42.3% and 30.1%, reflecting quarterly fluctuations.

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