Ace News
Sterling and Wilson Renewable Energy has reported results for second quarter ended September 30, 2024 (Q2FY25).
The company has reported over 5-fold jump in its net profit at Rs 75.02 crore for the quarter ended September 30, 2024 as compared to Rs 14.87 crore for the same quarter in the previous year. Total income of the company increased by 50.38% at Rs 1,067.43 crore for Q2FY25 as compared to Rs 709.83 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net profit of Rs 8.57 crore for Q2FY25 as against net loss of Rs 54.51 crore for the same quarter in the previous year. Total income of the company increased by 37.04% at Rs 1,064.45 crore for Q2FY25 as compared to Rs 776.73 crore for the corresponding quarter previous year.