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Net profit of Sterling & Wilson Renewable Energy rose 69.60% to Rs 54.22 crore in the quarter ended June 2026 as against Rs 31.97 crore during the previous quarter ended June 2025. Sales declined 9.74% to Rs 1590.13 crore in the quarter ended June 2026 as against Rs 1761.63 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1590.131761.63 -10 OPM %4.954.85 - PBDT59.9677.48 -23 PBT56.6574.67 -24 NP54.2231.97 70 Powered by Capital Market - Live News

Sterling & Wilson Renewable Energy announced that Sterling and Wilson Solar Australia (SWSAPL), a material subsidiary (step down) of the Company, has commenced arbitration proceedings by filing a Request for Arbitration against Shell New Energies Australia (Shell) under the London Court of International Arbitration Rules 2020 (LCIA Rules) on 14 July 2026.

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.