~At INR 1,762 crore, Q1 FY26 revenue has grown 93% vis-à-vis same quarter last year

~Gross profit increased to INR 205 crore (Gross margin of 11.7%) in Q1 FY26 vis-à-vis INR 102 crore (Gross margin of 11.1%) in Q1 FY25

~Q1 FY26 EBITDA reported at INR 102 crore (5.8% EBITDA margin) and is up 176% YoY as compared to INR 37 crore in Q1 FY25

~Q1 FY26 PAT of INR 39 crore versus Q1 FY25 PAT of INR 5 crore and Q4 FY25 PAT of INR 55 crore

Mumbai : Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), a leading home-grown renewable EPC, announced its results for the first quarter of FY26.

SWREL reported strong growth in revenue at 93% YoY in Q1, aided by higher execution pace in Domestic and International EPC projects, despite domestic execution challenges due to cross-border tension.

Gross margins improved to 11.7% (gross profit at INR 205 crore) in Q1 as compared to 11.1% (gross profit at INR 102 crore) in Q1 FY25 aided by softening of key input costs. Gross margins across key segments – Domestic EPC, International EPC and O&M witnessed improvement and have trended higher in Q1.

SWREL reported Q1 EBITDA at INR 102 crore (5.8% EBITDA margin) as against INR 37 crore in Q1 FY25. The EBITDA is up 176% YoY, facilitated by higher margins and stable recurring overheads. Q1 FY26 PAT of INR 39 crore has increased 680% YoY.

Speaking on the quarter results, Mr. CK Thakur, Global CEO, Sterling and Wilson Renewable Energy Group shared, “SWREL’s Q1 FY26 results reflect the strong focus on execution and a disciplined approach in our financial strategy. Our and operational efficiency demonstrated in all the markets have driven a steadfast revenue growth of 93% year-on-year. As we deepen our presence in India, our priority will always be to deliver unmatched value through performance, innovation, and a robust clean energy portfolio.”