Sterling & Wilson Solar reports standalone net loss of Rs 98.60 crore in the March 2021 quarter

Sales decline 11.82% to Rs 1300.81 crore

Net loss of Sterling & Wilson Solar reported to Rs 98.60 crore in the quarter ended March 2021 as against net profit of Rs 179.14 crore during the previous quarter ended March 2020. Sales declined 11.82% to Rs 1300.81 crore in the quarter ended March 2021 as against Rs 1475.11 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 111.44 crore in the year ended March 2021 as against net profit of Rs 316.70 crore during the previous year ended March 2020. Sales declined 29.99% to Rs 3176.17 crore in the year ended March 2021 as against Rs 4536.79 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1300.811475.11 -12 3176.174536.79 -30 OPM %-12.516.07 --6.954.68 - PBDT-132.43231.08 PL -134.47437.81 PL PBT-134.77229.68 PL -142.67431.48 PL NP-98.60179.14 PL -111.44316.70 PL

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