Sterling and Wilson Renewable Energy reports profit in H1 FY27
Sterling and Wilson Renewable Energy Ltd (SWREL), a renewable energy engineering, procurement and construction (EPC) company, reported a consolidated profit after tax (PAT) of INR 70 crore for the first half of FY27, reversing a loss of INR 439 crore in H1 FY26.
Revenue for the half year ended Sep. 30, 2026, stood at INR 3,118 crore, compared with INR 3,510 crore in the corresponding period last year.
For the second quarter of FY27, the company reported a PAT of INR 17 crore and revenue of INR 1,527 crore.
During the quarter, SWREL secured two orders worth a combined INR 985 crore. These included a domestic engineering, procurement and construction (EPC) balance-of-system (BOS) order for a 534 MW solar project in Rajasthan and an EPC order for a battery energy storage system (BESS) project with a capacity of 2 × 308 MWh in South Africa.
As of Sep. 30, 2026, the company’s unexecuted order value stood at INR 12,481 crore. SWREL reported order inflows of INR 3,626 crore in H1 FY27.
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