Sterling and Wilson Renewable Energy’s consolidated net loss narrowed to Rs 62.39 crore in December quarter, from Rs 99.15 crore in the same period year ago, mainly due to higher revenues.
The total income of the company in the quarter under review rose to Rs 610.31 crore, from Rs 417.65 crore in the same period a year ago, the company said in a regulatory filing.
In a separate statement, the company said the quarter witnessed strong order inflow from prestigious domestic and global independent power producers in the last few weeks of December post the successful completion of its QIP (qualified institutional placement) issue.
