Sterling & Wilson Renewable Energy records net loss in Q4FY23

Sterling & Wilson Renewable Energy records net loss in Q4FY23

The company has posted net loss at Rs 417.45 crore for quarter ended March FY23, widening from loss of Rs 126.3 crore in same period last year, as consolidated revenue plunged 91.7% YoY to Rs 88.4 crore and EBITDA loss increased to Rs 352.12 crore from Rs 124.24 crore in same period.