Sterling and Wilson Renewable Energy returns to profit in Q2
In short
Sterling and Wilson Renewable Energy returned to profit in the September quarter, according to a CNBC TV18 summary. Its order book was ₹12,480 crore, helped by new solar and battery storage projects.
This is important because better margins can support earnings and future work. The reporting does not give the full revenue number or say whether the profit recovery will last.
What the reporting says
Sterling and Wilson Renewable Energy returned to profit in the September quarter, according to a CNBC TV18 Market summary. The report said operating margins improved and the order book stood at ₹12,480 crore, supported by new solar and battery storage projects. The exact revenue figure and management outlook are not stated in the available reporting.
Why it matters
Sterling and Wilson Renewable Energy reported a return to profit in the September quarter, with improved operating margins and an order book of ₹12,480 crore. The new solar and battery storage projects supported that pipeline. The summary also says revenue fell 13%, but the underlying financial table and management commentary are not available in the source provided.