Sterling and Wilson Renewable Energy Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 5,828.8 million compared to INR 4,069.6 million a year ago. Revenue was INR 6,103.1 million compared to INR 4,176.5 million a year ago. Net loss was INR 636.7 million compared to INR 1,012.4 million a year ago. Basic loss per share from continuing operations was INR 3.31 compared to INR 5.34 a year ago. Diluted loss per share from continuing operations was INR 3.31 compared to INR 5.34 a year ago.
For the nine months, sales was INR 18,573.6 million compared to INR 19,265.8 million a year ago. Revenue was INR 19,093.9 million compared to INR 20,395.1 million a year ago. Net loss was INR 2,133.8 million compared to INR 7,521 million a year ago. Basic loss per share from continuing operations was INR 11.09 compared to INR 39.65 a year ago. Diluted loss per share from continuing operations was INR 11.09 compared to INR 39.65 a year ago.