Strong Domestic EPC Operations Narrow Sterling and Wilson’s Q2 Net Loss
The company received new orders totaling ₹28 billion in Q2 2024
October 26, 2023
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The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy’s consolidated net loss was reduced by 82% year-over-year (YoY) to ₹540 million (~$6.5 million) for the second quarter (Q2) of the financial year (FY) 2023-24 from a loss of ₹2.99 billion (~$36 million) due to higher contribution from the domestic EPC business segment.