Sterling & Wilson Renewable Energy's Q2 FY 2025-26 Quarterly Results

Result Summary

• Sterling & Wilson Renewable Energy Ltd reported a 4.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 74.7%.
• Its expenses for the quarter were up by 4.4% QoQ and 70.7% YoY.
• The net profit decreased 1334.5% QoQ and decreased 5673.2% YoY.
• The earnings per share (EPS) of Sterling & Wilson Renewable Energy Ltd declined at 20.27 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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 the provision of solar energy solutions. The company specializes in designing, engineering, procurement, construction, and maintenance of solar energy projects. In the past few years, Sterling & Wilson Renewable Energy Ltd has been focusing on expanding its footprint in both domestic and international markets. The company operates in a highly competitive industry that is characterized by rapid technological advancements and a strong focus on sustainable and clean energy solutions. Recent developments for the company may include strategic partnerships, project completions, or expansions into new markets, although specific recent activities are not detailed in the provided data.

Revenue

For the quarter ending in Q2FY26, Sterling & Wilson Renewable Energy Ltd reported a total income of ₹1859.65 crores, which represents a 4.3% increase compared to the previous quarter (Q1FY26) where the total income was ₹1782.74 crores. Year-over-year (YoY), the total income saw a substantial growth of 74.7% from ₹1064.45 crores reported in Q2FY25. This significant increase indicates a strong upward trend in the company's revenue over the past year, suggesting potential expansion in operations or successful execution of large projects.

Profitability

The financial data for Q2FY26 indicates a challenging period for Sterling & Wilson Renewable Energy Ltd in terms of profitability. The company reported a loss before tax of ₹503.41 crores, a sharp decline from a profit before tax of ₹74.67 crores in Q1FY26, representing a quarter-over-quarter decrease of 774.2%. Year-over-year, the decline is even more pronounced, with a drop of 2608.3% from a profit before tax of ₹20.07 crores in Q2FY25. The profit after tax also turned negative at -₹477.62 crores, compared to a positive figure of ₹38.69 crores in Q1FY26 and ₹8.57 crores in Q2FY25. The earnings per share (EPS) similarly reflected this downturn, moving from ₹1.37 in Q1FY26 to -₹20.27 in Q2FY26, and from ₹0.30 in Q2FY25, highlighting a significant decline in shareholder value for this quarter.

Operating Metrics

The operating metrics for Sterling & Wilson Renewable Energy Ltd show an increase in total expenses, which rose to ₹1782.96 crores in Q2FY26 from ₹1708.07 crores in Q1FY26, marking a 4.4% quarter-over-quarter increase. Year-over-year, total expenses increased by 70.7% from ₹1044.38 crores in Q2FY25. This rise in expenses outpaced the revenue growth, contributing to the negative profitability figures. The tax component also reflected a significant shift, moving from a tax expense of ₹35.98 crores in Q1FY26 to a tax benefit of -₹25.79 crores in Q2FY26, which reflects changes in the company's tax liabilities or benefits during this period. The financial data does not provide sufficient information to calculate specific financial ratios such as P/E ratio or debt-to-equity ratio, which would require additional details not included in the provided dataset.