Sterling and Wilson Renewable Energy Limited (SWREL), a leading home-grown renewable EPC, announced its results for the second quarter of FY25, which witnessed a continued revenue growth of 36% YoY and QoQ of 13%.

The company’s strong commitment to excellence, innovation and customer satisfaction is reaffirmed by a strong order/ LOI inflow of around Rs. 2,050 crore in Q2 FY25, including an order of Rs. 823 crore received today. All the order wins announced this quarter are from the domestic market.

SWREL continues its robust growth trajectory by attaining its highest-ever unexecuted order value of more than Rs. 10,500 crore. The company also achieved a third consecutive quarter of positive EBITDA, PBT and PAT while consolidated gross margins remained stable at ~10%.

Speaking on the quarter results, Amit Jain, Global CEO, Sterling and Wilson Renewable Energy Group shared, “Our second quarter performance highlights our continued business revival and sustained growth momentum in securing significant orders. We are honoured to have been chosen by some of our valued customers for their large-scale projects, and our teams are fully geared to meet the growth opportunities ahead. With a solid project pipeline and a strong financial foundation, we are confident in capturing this substantial growth, continuing our upward trajectory, and delivering enhanced value to all stakeholders.”

“The future lies in sustainability, with solar energy at the forefront of this transition to a cleaner world. As solar power gains global momentum, our team remains deeply committed to delivering top-tier projects and continuously exceeding the expectations of our customers.”, he added.