Integrated Filing — IndAS



General information about company
Scrip Code 542760
NSE Symbol SWSOLAR
MSEI Symbol NOTLISTED
ISIN INE00M201021
Name of company Sterling and Wilson Renewable Energy Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 17-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 17-Jul-2025   13:00:00
End date and time of board meeting 17-Jul-2025   15:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 17616300000
Other income 211100000
Total income 17827400000
2 Expenses
(a) Cost of materials consumed 15633700000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0
(d) Employee benefit expense 444700000
(e) Finance costs 290900000
(f) Depreciation, depletion and amortisation expense 28100000
(f) Other Expenses
1 Other Expenses 683300000 683300000
Total other expenses 683300000
Total expenses 17080700000
3 Total profit before exceptional items and tax 746700000
4 Exceptional items 0
5 Total profit before tax 746700000
6 Tax expense
7 Current tax 375100000
8 Deferred tax -15300000
9 Total tax expenses 359800000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 386900000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 386900000
17 Other comprehensive income net of taxes -399300000
18 Total Comprehensive Income for the period -12400000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 319700000
Total profit or loss, attributable to non-controlling interests 67200000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent -70500000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 58100000
21 Details of equity share capital
Paid-up equity share capital 233500000
Face value of equity share capital 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.37
Diluted earnings (loss) per share from continuing operations 1.37
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.37
Diluted earnings (loss) per share from continuing and discontinued operations 1.37
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 EPC business 17010200000 17010200000
2 Operation and maintenance service 603200000 603200000
3 Other operating income 2900000 2900000
Total Segment Revenue 17616300000
Less: Inter segment revenue
Revenue from operations 17616300000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 EPC business 1830600000 1830600000
2 Operation and maintenance service 149100000 149100000
3 Other operating income 0 0
Total Profit before tax 1979700000
i. Finance cost 290900000 290900000
ii. Other Unallocable Expenditure net off Unallocable income 942100000 942100000
Profit before tax 746700000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 EPC business 34510100000 34510100000
2 Operation and maintenance service 930900000 930900000
3 Other operating income 0 0
Total Segment Asset 35441000000 35441000000
Un-allocable Assets 13603800000 13603800000
Net Segment Asset 49044800000 49044800000
4 Segment Liabilities
Segment Liabilities
1 EPC business 27860600000 27860600000
2 Operation and maintenance service 437800000 437800000
3 Other operating income 0 0
Total Segment Liabilities 28298400000 28298400000
Un-allocable Liabilities 10813000000 10813000000
Net Segment Liabilities 39111400000 39111400000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit liability -11100000 -11100000
2 Income-tax relating to items that will not be reclassified to profit or loss 2800000 2800000
3 Exchange differences in translating financial statements of foreign operations -391000000 -391000000
Total Amount of items that will not be reclassified to profit and loss -399300000
2 Income tax relating to items that will not be reclassified to profit or loss 0
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating financial statements of foreign operations 0 0
Total Amount of items that will be reclassified to profit and loss 0
4 Income tax relating to items that will be reclassified to profit or loss 0
5 Total Other comprehensive income -399300000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Kalyaniwalla & Mistry LLP Yes 30-Sep-2025
2 Deloitte Haskins and Sells Yes 30-Sep-2025