Sterling and Wilson Renewable Energy Limited (SWSOLAR) announced today that the Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half-year ending on September 30, 2024. The board meeting, held earlier today, reviewed and accepted the financial outcomes along with the limited review reports issued by the statutory auditors, Kalyaniwalla & Mistry LLP and Deloitte Haskins & Sells LLP.
Financial Highlights:
- Standalone revenue from operations stood at ₹995.97 crore for Q2 FY 2024-25, with a year-to-date figure of ₹1,881.44 crore for the first half of FY 2024-25.
- Consolidated revenue from operations for the same quarter was ₹1,030.49 crore, while the first half-year revenue reached ₹1,945.55 crore.
- Profit before tax (Standalone) for the quarter increased to ₹85.68 crore, with a half-year figure of ₹168.65 crore.
- Profit before tax (Consolidated) for Q2 stood at ₹20.07 crore, with a half-year total of ₹34.73 crore.
- The company also recorded total comprehensive income of ₹78.04 crore on a standalone basis for Q2 FY 2024-25.
The board meeting commenced at 11:45 AM and concluded at 1:50 PM.
