Results - Announcements
Sterling & Wilson Renewable Energy Ltd share price ticked higher by 1.99% to Rs 171.7. The Company's net profit witnessed a sharp fall of 68.43% to Rs 16.82 crore, while revenue from operations softened by 3.94% to Rs 1527.5 crore in Q3FY26 over Q2FY26.
The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.15 lakh crore, nosediving by 18.14%. It has inched up 1.23% over last one week and dipped slightly by 6.40% in last one month while the market capitalization of Sterling & Wilson Renewable Energy Ltd has marginally improved by 9.10% and 21.27% in the same period respectively.
Profit before tax (PBT) of Sterling & Wilson Renewable Energy Ltd stood at Rs 16.83 crore in Q3 FY26, crashing by 103.34% year-on-year, and tanking 70.29% quarter-on-quarter. EBITDA came in at Rs 42 crore, tumbling by 139.09% YoY and plunging by 28.43% sequentially.
Total expenses slightly declined by 2.62% to Rs 1475.09 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 955.39 crore, slightly declining by 2.47% YoY, while employee benefits expense was at Rs 51.2 crore, inching up 3.33% YoY.
For the TTM ended FY26, revenue from operations grew 19.77% to Rs 7548.05 crore, while net profit tanked by 445.75% to Rs 295.79 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 20307% to Rs 98.42 crore, and PBT collapsed by 266.26% to Rs 270.24 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 257.35 crore in FY26, as against Rs 37.88 crore in FY25.
Sterling & Wilson Renewable Energy Ltd tumbled by 29.63% in last one year, underperforming the benchmark BSE Sensex which has slipped by 11.27% during the same period.