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Sterling & Wilson Solar reports consolidated net loss of Rs 346.85 crore in the March 2021 quarter

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Capital Market

Sales decline 33.78% to Rs 1364.54 crore

Net loss of Sterling & Wilson Solar reported to Rs 346.85 crore in the quarter ended March 2021 as against net profit of Rs 132.28 crore during the previous quarter ended March 2020. Sales declined 33.78% to Rs 1364.54 crore in the quarter ended March 2021 as against Rs 2060.63 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 285.38 crore in the year ended March 2021 as against net profit of Rs 310.06 crore during the previous year ended March 2020. Sales declined 8.87% to Rs 5080.80 crore in the year ended March 2021 as against Rs 5575.29 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1364.542060.63 -34 5080.805575.29 -9 OPM %-31.106.48 --7.655.46 - PBDT-395.45162.53 PL -323.53412.73 PL PBT-400.46159.10 PL -340.04398.50 PL NP-346.85132.28 PL -285.38310.06 PL

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First Published: Jun 30 2021 | 7:56 AM IST

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