Sterling and Wilson Solar reports over 55% fall in profit at Rs 22 cr in Q3
Sterling and Wilson Solar on Friday reported over 55 per cent fall in consolidated net profit at Rs 22.45 crore for December quarter 2020.
The company clocked a profit of Rs 50.27 crore in the year-ago period, a BSE filing said.
Total income rose to Rs 1,347.64 crore in the quarter from Rs 1,183.28 crore in the same period a year ago.
On the impact of the pandemic it said, during the quarter and nine months ended December 31, 2020, the construction activities at various sites in India and outside India were stalled as per the directives issued by various regulatory authorities.
