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Sterling and Wilson Renewable Energy LimitedInvestor Meet, 22-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

22-10-2024 · 12:25 pm

Sterling and Wilson Renewable Energy Limited reported strong Q2 FY25 results, with new orders totaling INR 2,044 crores, contributing to an annual target of INR 8,000 crores. The unexecuted order book reached a record INR 10,549 crores, heavily skewed towards domestic projects. The company secured key contracts, including India's largest battery energy storage project. Following a recent credit rating upgrade to investment grade, management is optimistic about meeting revenue guidance and executing projects efficiently in the upcoming quarters.

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