SWREL Q4 Net Profit Jumps to Rs 55 Crore - Business News
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Sterling and Wilson Renewable Energy Ltd (SWREL) reported a significant rise in its consolidated net profit to Rs 55 crore in the March quarter, driven by higher income. Read more.
New Delhi, Apr 24 (PTI) Sterling and Wilson Renewable Energy Ltd (SWREL) on Thursday reported a manifold rise in consolidated net profit to Rs 55 crore in the March quarter, on account of higher income.
It had posted Rs 1.40 crore net profit in the January-March period of the preceding 2023-24 fiscal year, the company said in an exchange filing.
During the quarter, the company's total income surged to Rs 2,506.45 crore from Rs 1,211.40 crore in the same period a year ago.
While expenses stood at Rs 2,419.73 crore as against Rs 1,177.66 crore in the fourth quarter last fiscal.
For the full FY25, SWREL reported a net profit of Rs 85.55 crore.
It had a loss of Rs 210.79 crore in FY24.
Total income rose to Rs 6,341.46 crore in the full fiscal, up from Rs 3,120.79 crore a year ago.
It had posted Rs 1.40 crore net profit in the January-March period of the preceding 2023-24 fiscal year, the company said in an exchange filing.
During the quarter, the company's total income surged to Rs 2,506.45 crore from Rs 1,211.40 crore in the same period a year ago.
While expenses stood at Rs 2,419.73 crore as against Rs 1,177.66 crore in the fourth quarter last fiscal.
For the full FY25, SWREL reported a net profit of Rs 85.55 crore.
It had a loss of Rs 210.79 crore in FY24.
Total income rose to Rs 6,341.46 crore in the full fiscal, up from Rs 3,120.79 crore a year ago.
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