Sterling And Wilson Renewable Energy Posts Strong June Quarter With ₹17.62 Billion Revenue And ₹319.7 Million Profit

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Sterling and Wilson Renewable Energy Ltd has reported robust financial performance for the June 2025 quarter, signaling a turnaround in its operational trajectory. The company posted consolidated revenue from operations of ₹17.62 billion and a net profit of ₹319.7 million, driven by strong execution and a growing domestic order book.

Key performance indicators

- Revenue surged 92 percent year-on-year, marking the highest quarterly topline since listing
- Net profit of ₹319.7 million reflects improved margins and cost discipline, reversing prior losses
- Operational EBITDA stood at ₹158 crore, with margins expanding to 6.3 percent
- Gross margins reached 10.4 percent, supported by better project mix and vendor negotiations

Order book and strategic developments

- The company’s unexecuted order value stands at ₹9,096 crore, up from ₹8,084 crore a year ago
- New order inflows touched ₹7,051 crore in FY25, including its first wind EPC contract
- Majority of orders are from domestic clients such as NTPC Green Energy and JSW Group
- The company is executing one of India’s largest solar PV plants at Khavda, Gujarat

Financial outlook and capital structure

- Total debt rose to ₹901 crore due to new term loans for working capital and project execution
- Interest coverage ratio improved to 2.25x, indicating stronger debt servicing capacity
- Promoter group includes Reliance New Energy, Shapoorji Pallonji, and Khurshed Daruvala

With a diversified portfolio and expanding presence across 28 countries, Sterling and Wilson is well-positioned to capitalize on India’s renewable energy boom.

Sources: infomerics, business standard, sterling and wilson investor presentation, infralive, zerodha.