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Sterling & Wilson Renewable Energy will hold a meeting of the Board of Directors of the Company on 16 July 2026.

Sterling & Wilson Renewable Energy has allotted 9,671 equity shares under ESOP on 01 July 2026. Consequent to the above allotment, the paid-up equity share capital of the company has increased from Rs. 23,35,31,720/- consisting of 23,35,31,720 equity shares of Re. 1/- each to Rs. 23,35,41,391/- consisting of 23,35,41,391 equity shares of Re. 1/- each.

Sterling and Wilson Renewable Energy announced that the company, in a 50-50 joint venture with Hassan Allam Construction - one of the leading contractors in Egypt and the MENA region, has secured an order today, valued at approximately USD 560 million for West Minya Solar Power Project in Minya Governorate, Egypt. Once complete, this 1,000 MWac capacity Solar PV project integrated with a 600 MWh Battery Energy Storage System (BESS) will become one of Egypt`s largest utility-scale renewable energy developments. The joint venture will be responsible for the full engineering, procurement, and construction of the solar power plant, including the installation of photovoltaic generation facilities, battery energy storage infrastructure, grid interconnection works, transmission facilities, and all associated balance-of-plant and supporting systems required for project delivery.

Sterling & Wilson Renewable Energy announced that the 9th Annual General Meeting(AGM) of the company will be held on 2 July 2026.

Net profit of Sterling & Wilson Renewable Energy rose 142.99% to Rs 134.57 crore in the quarter ended March 2026 as against Rs 55.38 crore during the previous quarter ended March 2025. Sales declined 22.77% to Rs 1945.61 crore in the quarter ended March 2026 as against Rs 2519.11 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 309.43 crore in the year ended March 2026 as against net profit of Rs 81.45 crore during the previous year ended March 2025. Sales rose 19.77% to Rs 7548.05 crore in the year ended March 2026 as against Rs 6301.86 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1945.612519.11 -23 7548.056301.86 20 OPM %7.495.30 -4.003.92 - PBDT156.9989.85 75 351.98176.88 99 PBT154.1186.72 78 340.70162.54 110 NP134.5755.38 143 -309.4381.45 PL Powered by Capital Market - Live News