The Board of Sterling and Wilson Renewable Energy on 28 October 2024 has approved the allotment of 44,270 equity shares of Re. 1/- each, to the option grantees, upon exercise of the options vested with them under the SWREL ESOP Plan at the exercise price of Rs. 238/- per share.Powered by Capital Market - Live News

Net profit of Sterling & Wilson Renewable Energy reported to Rs 7.05 crore in the quarter ended September 2024 as against net loss of Rs 54.24 crore during the previous quarter ended September 2023. Sales rose 35.68% to Rs 1030.49 crore in the quarter ended September 2024 as against Rs 759.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1030.49759.52 36 OPM %1.760.19 - PBDT23.90-45.66 LP PBT20.07-49.95 LP NP7.05-54.24 LP Powered by Capital Market - Live News

Sterling & Wilson Renewable Energy will hold a meeting of the Board of Directors of the Company on 14 October 2024.Powered by Capital Market - Live News

Sterling & Wilson Renewable Energy announced that it has received two new domestic orders from Private IPPs valued at Rs 512 crore. The company received an order for Engineering, Procurement and Construction of a 200 MW AC / 250 MWp DC PV plant for a PV project in Gujarat, India. It also received a LOA for Engineering, Procurement and Construction of a 50 MW AC / 65 MWp DC PV plant in Maharashtra, India.Powered by Capital Market - Live News

Sterling & Wilson Renewable Energy has received reaffirmation in credit ratings for bank facilities and commercial paper aggregating Rs 7,100 crore at ACUITE BB+; Stable/ ACUITE A4+. Powered by Capital Market - Live News