Sterling and Wilson Renewable Energy rallied 3.72% to Rs 273.40 after the company reported a consolidated net loss of Rs 101.24 crore in Q3 FY23 as against a net loss of Rs 422.41 crore posted in Q3 FY22.
Revenue from operations slumped 72.8% to Rs 406.96 crore in the quarter ended 31 December 2022 from Rs 1,494.86 crore recorded in Q3 FY22.
The company reported a pre-tax loss of Rs 95.14 crore in Q3 FY23 as compared to pre-tax profit of Rs 416.45 crore posted in Q3 FY22.
The company's revenue from EPC business was at 348.09 crore (down 75.92% YoY) while income from operation and maintenance service business stood at Rs 58.91 crore (up 19.66% YoY) during the period under review.
Sterling and Wilson Renewable Energy is a global pure-play, end-to-end renewable engineering, procurement and construction (EPC) solutions provider.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app