SWREL reports Rs 17 cr net profit in Q2

New Delhi, Oct 15 (PTI) Sterling and Wilson Renewable Energy Ltd (SWREL) on Thursday posted a consolidated net profit of Rs 16.82 crore in the September quarter of FY27, helped by reduced expenses.

The company, which provides EPC services in the renewable energy space, clocked a net loss of Rs 477.62 crore in the second quarter of the preceding 2024-25 financial year.

In an exchange filing, SWREL said its total income fell to Rs 1,541.72 crore in July-September FY26, from Rs 1,859.65 crore in the same period a year ago.

The company managed to reduce expenses, including construction costs, to Rs 1,524.89 crore from Rs 1,782.96 crore in the year-ago quarter.

In a separate statement, the company said its order book pipleline stands at Rs 12,480 crore,

giving strong visibility of future revenue. PTI ABI HVA