Sterling & Wilson Renewable Energy Q1 FY 2025-26 Quarterly Results

Result Summary

• Sterling & Wilson Renewable Energy Ltd reported a 47.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 92.1%.
• Its expenses for the quarter were up by 45.0% QoQ and 87.0% YoY.
• The net profit increased 2663.6% QoQ and increased 701.0% YoY.
• The earnings per share (EPS) of Sterling & Wilson Renewable Energy Ltd stood at 1.4 during Q1 FY 2025-26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sterling & Wilson Renewable Energy Ltd is a prominent player in the renewable energy sector, primarily engaged in providing engineering, procurement, and construction (EPC) services for solar power projects globally. The company operates in the renewable energy industry, which is experiencing significant growth as the world shifts towards sustainable energy solutions. While specific recent developments about the company were not provided, the renewable sector is generally characterized by advancements in technology and expansion into new markets. Sterling & Wilson Renewable Energy Ltd is likely involved in such industry trends, focusing on expanding its project portfolio and enhancing its technological capabilities to meet the growing demand for renewable energy solutions.

Sterling & Wilson Revenue

In the first quarter of the fiscal year 2026 (Q1 FY 2025-26), Sterling & Wilson Renewable Energy Ltd reported a total income of ₹1782.74 crores. This represents a substantial increase of 47.2% quarter-over-quarter (QoQ) compared to ₹1211.40 crores in the fourth quarter of the fiscal year 2025 (Q4FY25). Year-over-year (YoY), the total income surged by 92.1% from ₹927.89 crores in Q1FY25. This significant growth in revenue reflects the company's expanding operations and possibly an increase in project completions or new project acquisitions. The renewable energy sector's global expansion and increasing demand for sustainable energy solutions may have contributed to this revenue growth.

Sterling & Wilson Profitability

Sterling & Wilson Renewable Energy Ltd's profitability improved markedly in Q1 FY 2025-26, with a profit before tax of ₹74.67 crores. This figure represents a remarkable 121.3% QoQ increase from ₹33.74 crores in Q4FY25 and a 409.3% YoY increase from ₹14.66 crores in Q1FY25. After accounting for taxes, the company recorded a profit after tax of ₹38.69 crores, which is a significant increase from ₹1.40 crores in Q4FY25 and from ₹4.83 crores in Q1FY25. The earnings per share (EPS) stood at ₹1.40, showing a 1300.0% QoQ rise from ₹0.10 and a 600.0% YoY increase from ₹0.20. These figures reflect a notable enhancement in the company's profitability over both the quarterly and yearly periods.

Sterling & Wilson Operating Metrics

The total expenses for Sterling & Wilson Renewable Energy Ltd in Q1 FY 2025-26 were ₹1708.07 crores, showing a 45.0% rise QoQ from ₹1177.66 crores in Q4FY25 and an 87.0% increase YoY from ₹913.23 crores in Q1FY25. Despite the increase in expenses, the company managed to improve its profit margins due to a higher increase in revenue. The tax expense for Q1FY26 was ₹35.98 crores, reflecting an 11.3% increase QoQ from ₹32.34 crores and a 266.0% increase YoY from ₹9.83 crores. The substantial rise in tax expenses is consistent with the increased profitability of the company. Overall, the company demonstrated strong operational growth, with significant increases in both income and expenses, leading to improved profitability metrics.