Quarterly Result17 Oct 2025, 02:51 pm
Sterling and Wilson Renewable Energy Posts 70% YoY Revenue Growth in Q2 FY26, Despite Adverse Arbitration Ruling
AI Summary
Sterling and Wilson Renewable Energy Limited (SWREL) announced its results for the second quarter and half year ended September 30, 2025. The company reported a 70% year-on-year growth in revenue, driven by higher execution pace across large-scale domestic EPC projects and improving international contributions. The operational EBITDA for Q2 FY26 was INR 62 crore, up nearly three times over Q2 FY25. However, reported EBITDA and profitability were impacted by a one-time write-off of approximately INR 637 crore, following an adverse arbitration ruling in the US. SWREL sustained strong order booking, securing projects worth nearly INR 3,000 crore since Q1, taking the total order inflow this fiscal to INR 3,775 crore.
Key Highlights
- Announces Total new order inflow of INR 3,775 crore during this fiscal YTD
- Current Unexecuted order value at INR 9,287 crore
- Revenue at INR 1,749 crore in Q2 FY26; up 70% YoY
- Operational EBITDA of INR 62 crore versus INR 23 crore in Q2 FY25
- One-time write-off of approximately INR 637 crore due to adverse arbitration ruling