Results - Announcements
Sterling & Wilson Renewable Energy Ltd share price ticked higher by 1.95% to Rs 175.05. The Company's net profit witnessed a sharp fall of 68.43% to Rs 16.82 crore, while revenue from operations slipped slightly 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 eased by 0.27% over last one week and edged lower by 6.40% in last one month while the market capitalization of Sterling & Wilson Renewable Energy Ltd has marginally improved by 7.96% 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 tumbling by 70.29% quarter-on-quarter. EBITDA came in at Rs 42 crore, plunging by 139.09% YoY and tanking 28.43% sequentially.
Total expenses softened 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, marginally falling 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 advanced 19.77% to Rs 7548.05 crore, while net profit plunged by 445.75% to Rs 295.79 crore, compared to previous TTM. EBITDA surged by 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 nosedived by 28.13% in last one year, underperforming the benchmark BSE Sensex which has reduced by 10.04% during the same period.