Sterling and Wilson’s Q3 Revenue Shrinks 73% YoY to ₹4.18 Billion
Company’s EPC segment Q3 revenue fell by 75% YoY
January 20, 2023
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The total revenue of Sterling and Wilson Renewable Energy, the solar engineering, procurement, and construction (EPC) arm of Shapoorji Pollonji Group, fell by 73% year-over-year (YoY) to ₹4.18 billion (~$51.5 million) in the third quarter (Q3) of the current financial year (FY 2023). The company’s revenue in the same quarter of the previous year stood at ₹15.02 billion (~$185.1 million).