Sterling and Wilson Renewable Energy Swings to Loss in Fiscal Q3

MT Newswires Live

Jan 15

Sterling and Wilson Renewable Energy (NSE:SWSOLAR, BOM:542760) slipped into the red with an attributable profit of 27.7 million Indian rupees in the fiscal third quarter ended Dec. 31, from an attributable profit of 148.3 million rupees a year ago.

Loss per share came in at 0.12 rupees from earnings per share of 0.63 rupees a year earlier, the renewable energy company said in a filing to the Indian bourses on Thursday.

Revenue from operations in fiscal Q3 also increased to 20.9 billion rupees from 18.4 billion rupees a year ago.

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