Results: Sterling and Wilson Solar posts Rs 344.80 crore loss in Q4

Results: Sterling and Wilson Solar posts Rs 344.80 crore loss in Q4

PTIUpdated: Tuesday, June 29, 2021, 10:38 PM IST
article-image
Solar energy/Representational Image |

Sterling and Wilson Solar Limited on Tuesday reported a consolidated net loss of Rs 344.80 crore for the fourth quarter ended March 2021.

The company had clocked Rs 128.59 crore net profit in the year-ago quarter, it said in a BSE filing.

The total income of the company in the March quarter stood at Rs 1,416.33 crore, down from Rs 2,120.50 crore in the year-ago period.

Its expenses also fell to Rs 1,816.79 crore from Rs 1,961.40 crore a year ago.

Sterling and Wilson Solar Ltd, a Shapoorji Pallonji Group company, is a global pure-play, end-to-end solar engineering, procurement, and construction (EPC) solutions provider.

RECENT STORIES

What The Union Budget Means For India’s Youth
What The Union Budget Means For India’s Youth
93% Of Travellers Link In-Flight Comfort To Post-Landing Well-being, 60% Flyers Willing To Pay Extra...
93% Of Travellers Link In-Flight Comfort To Post-Landing Well-being, 60% Flyers Willing To Pay Extra...
PFC–REC Merger Likely To Boost Renewable Financing, Strengthen Grid Funding And Expand...
PFC–REC Merger Likely To Boost Renewable Financing, Strengthen Grid Funding And Expand...
Godrej Consumer Q3 Profit Surges 62% QoQ To ₹529 Crore, Revenue Grows 5% YoY To ₹3,694 Crore
Godrej Consumer Q3 Profit Surges 62% QoQ To ₹529 Crore, Revenue Grows 5% YoY To ₹3,694 Crore
Will Raising STT Actually Stop Speculation?
Will Raising STT Actually Stop Speculation?