Sterling and Wilson Swings to Q1 Profit on Strong Domestic EPC Demand
The company reported Q1 FY 2025 profit of ₹50 million
July 19, 2024
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The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy, posted a net profit of ₹50 million (~$600,000) in the first quarter of the financial year (FY) 2025, swinging from a net loss of ₹950 million (~$11.4 million) in the same quarter last year. This marks the second consecutive quarter of profit for the company.