Sterling and Wilson Renewable Energy has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported net profit at Rs 14.87 crore for the quarter under review as compared to net loss of Rs 55.31 crore for the same quarter in the previous year. Total income of the company reported over 2- fold jump at Rs 709.83 crore for Q2FY24 as compared Rs 331.92 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net loss at Rs 54.51 crore for Q2FY24 as compared to net loss of Rs 298.71 crore for the same quarter in the previous year. However, total income of the company increased by 89.08% at Rs 776.73 crore for Q2FY24 as compared Rs 410.80 crore for the corresponding quarter previous year.
