Sterling and Wilson Renewable Energy Ltd Attains Highest Ever Unexecuted Order Value of INR 10,500 crore

Sterling and Wilson Renewable Energy Ltd (SWREL) announced its results for the second quarter of FY25, which witnessed a continued revenue growth of 36% YoY and QoQ of 13%. The company’s strong commitment to excellence, innovation and customer satisfaction is reaffirmed by a strong order/ LOI inflow of around INR 2,050 crore in Q2 FY25, including an order of INR 823 crore received today. All the order wins announced this quarter are from the domestic market. SWREL continues its robust growth trajectory by attaining its highest-ever unexecuted order value of more than INR 10,500 crore. The company also achieved a third consecutive quarter of positive EBITDA, PBT and PAT while consolidated gross margins remained stable at ~10%.