Stock Report

Sterling and Wilson Renewable Energy Ltd posts Rs. 63.67 crores consolidated loss in Q3FY24



Posted On : 2024-01-18 13:43:30( TIMEZONE : IST )

Sterling and Wilson Renewable Energy Ltd posts Rs. 63.67 crores consolidated loss in Q3FY24

Sterling And Wilson Solar Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 610.31 crores during the period ended December 31, 2023 as compared to Rs. 776.73 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -63.67 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -54.24 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -3.31 for the period ended December 31, 2023 as compared to Rs. -2.86 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 610.31 crs ₹776.73 crs Up Tick / Down Tick-21.43%
Net Profit ₹-63.67 crs ₹-54.24 crs Up Tick / Down Tick17.39%
EPS ₹-3.31 ₹-2.86 Up Tick / Down Tick15.73%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 610.31 crores during the period ended December 31, 2023 as compared to Rs.417.65 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-63.67 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-101.24 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-3.31 for the period ended December 31, 2023 as compared to Rs.-5.34 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 610.31 crs ₹417.65 crs Up Tick / Down Tick46.13%
Net Profit ₹-63.67 crs ₹-101.24 crs Up Tick / Down Tick37.11%
EPS ₹-3.31 ₹-5.34 Up Tick / Down Tick38.01%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1909.39 crores during the 9 Months period ended December 31, 2023 as compared to Rs.2039.51 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-213.38 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-752.10 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-11.09 for the 9 Months period ended December 31, 2023 as compared to Rs.-39.65 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹1909.39 crs ₹2039.51 crs Up Tick / Down Tick-6.38%
Net Profit ₹-213.38 crs ₹-752.10 crs Up Tick / Down Tick71.63%
EPS ₹-11.09 ₹-39.65 Up Tick / Down Tick72.03%

Shares of Sterling And Wilson Solar Limited was last trading in BSE at Rs. 449.05 as compared to the previous close of Rs. 457.95. The total number of shares traded during the day was 103571 in over 3333 trades.

The stock hit an intraday high of Rs. 458.20 and intraday low of 446.65. The net turnover during the day was Rs. 46867047.00.

Source : Equity Bulls

Keywords

SterlingandWilsonRenewableEnergy Q3FY24 9MFY24 ResultUpdate