Sterling and Wilson Renewable Energy Ltd
Sterling and Wilson Renewable Energy Q2 FY27 Standalone Profit at ₹ 27.88 crore
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 15 Oct 2026, 05:52 PM IST · BSE ID: e8fd5570-fc65-4e1a-9c20-24950bd34ff7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company announced its latest financial results, showing a profit of ₹ 27.88 crore for the recent quarter.
🤖 AI Summary
- Board of Directors approved Unaudited Consolidated and Standalone Financial Results for Q2 FY27.
- Standalone profit for the quarter ended September 30, 2026, was ₹ 27.88 crore.
- Standalone revenue from operations for Q2 FY27 stood at ₹ 1,456.33 crore.
- For the half year ended September 30, 2026, standalone profit was ₹ 95.68 crore.
- Indemnity Agreement caps future claims exposure from certain projects at ₹ 300.00 crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from Operations Q2 FY27
₹ 1,456.33 crore
14.13%
Standalone Profit for Q2 FY27
₹ 27.88 crore
Not comparable — exceptional item in prior period.
Standalone Revenue from Operations H1 FY27
₹ 2,943.44 crore
11.53%
Standalone Profit for H1 FY27
₹ 95.68 crore
Not comparable — exceptional item in prior period.
Net exposure in wholly owned subsidiary and loans (30 Sep 2026)
₹ 712.79 crore
🏢 How This Affects the Company
The company's standalone revenue from operations for Q2 FY27 was ₹ 1,456.33 crore, indicating ongoing project execution. The emphasis on the indemnity agreement confirms risk management regarding specific past projects.
Standalone profit for the quarter was ₹ 27.88 crore. The indemnity agreement ensures that crystallized claims exceeding ₹ 300.00 crore from identified past projects will be recovered from Promoter Selling Shareholders, limiting future impact on company results.
The auditor's report highlights ongoing operations across 19 international branches in various countries, with some branches like Greece, Mexico, and Dubai having no transactions till date.
The Indemnity Agreement caps the company's net exposure from specific past projects, old receivables, and tax litigations at ₹ 300.00 crore, effectively limiting financial downside from these legacy issues.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results announcement.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the reported standalone profit of ₹ 27.88 crore for the quarter and ₹ 95.68 crore for the six months ended September 30, 2026.
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Management Signal
Management continues to disclose financial performance regularly and has secured an indemnity agreement to limit financial exposure from specific legacy projects.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results – monitor revenue and profit trends.
Updates on the recovery of the ₹ 712.79 crore subsidiary exposure.
Any further disclosures regarding ongoing project pipeline or order wins.
MEDIUM RISK
Significant exposure in subsidiary and loans, though indemnity agreement limits certain legacy risks.
💡 Investor Takeaway
Sterling and Wilson Renewable Energy reported standalone profit of ₹ 27.88 crore for Q2 FY27, down from ₹ 67.80 crore in Q1 FY27. Standalone revenue from operations for Q2 FY27 was ₹ 1,456.33 crore, compared to ₹ 1,487.11 crore in Q1 FY27. An indemnity agreement limits company exposure to ₹ 300.00 crore for specified legacy claims.
⚖️ Strengths & Concerns
✅ Positives
- Standalone revenue from operations reached ₹ 1,456.33 crore for Q2 FY27, demonstrating continued business activity.
- Indemnity Agreement limits potential future financial impact from identified past project claims to ₹ 300.00 crore.
⚠️ Concerns
- Q2 FY27 standalone profit of ₹ 27.88 crore is lower than the previous quarter's (Q1 FY27) standalone profit of ₹ 67.80 crore.
- The company has a net exposure of ₹ 712.79 crore in a wholly owned subsidiary, loans, and other receivables as of September 30, 2026.
📅 Company Track Record
Sterling and Wilson Renewable Energy reported a standalone profit of ₹ 27.88 crore for Q2 FY27. This follows a standalone profit of ₹ 27.88 crore for Q2 FY27 (as per previous filing) and Q1 FY27 PAT up 36% YoY with UOV at ~INR 13,000 crore. FY26 saw a loss driven by subsidiary impairment, with an indemnity agreement capping future exposure at Rs. 300.00 crores.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Sterling and Wilson Renewable Energy's standalone profit for Q2 FY27?
Sterling and Wilson Renewable Energy reported a standalone profit of ₹ 27.88 crore for the quarter ended September 30, 2026 (Q2 FY27).
What was the standalone revenue from operations for Sterling and Wilson Renewable Energy in Q2 FY27?
The standalone revenue from operations for Sterling and Wilson Renewable Energy in Q2 FY27 was ₹ 1,456.33 crore.
What is the company's standalone profit for the six months ended September 30, 2026?
For the six months ended September 30, 2026, Sterling and Wilson Renewable Energy reported a standalone profit of ₹ 95.68 crore.
What is the impact of the Indemnity Agreement mentioned in the filing?
The Indemnity Agreement caps the company's net exposure for certain identified past projects, receivables, and tax litigations at ₹ 300.00 crore, with Promoter Selling Shareholders indemnifying beyond this amount.
What is Sterling and Wilson Renewable Energy's net exposure in its wholly owned subsidiary as of September 30, 2026?
As of September 30, 2026, the company's net exposure in its wholly owned subsidiary, loans, and other receivables totals ₹ 712.79 crore.
Questions based on this BSE filing only. For information purposes.