Sterling and Wilson Solar’s Revenue Up 22% in Q3 FY 2021
The company’s EBITDA during the quarter was also down 71.6% year-over-year
February 15, 2021
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Sterling and Wilson Solar’s (SWSL) revenue from operations stood at ₹13.11 billion (~$180.8 million) in the third quarter (Q3) of the financial year 2021 (FY 2021), up 22% from ₹10.76 billion (~$148.4 million) in Q3 FY 2020. Revenue was higher in the first nine months (9M) of FY 2021at ₹37.16 billion (~$512.6 million), a 5.7% increase from ₹35.15 billion (~$484.9 million) in 9M FY 2020.