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Sterling and Wilson Q2 Net Loss Widens to ₹2.99 Billion With Steep Fall in EPC Revenues

Total income dropped 72% YoY to ₹4.11 billion

October 13, 2022

/ Rakesh Ranjan
/ Markets & Policy, Solar,
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The consolidated net loss for Sterling and Wilson Renewable Energy (formerly Sterling and Wilson Solar) rose by 5% to ₹2.99 billion (~$36.35 million) in the second quarter (Q2) of the financial year (FY) 2023, mainly due a slump in revenues in the engineering, procurement, and construction (EPC) segment.

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Rakesh Ranjan

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