Sterling and Wilson Renewable Energy Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 4,069.6 million compared to INR 14,948.6 million a year ago. Revenue was INR 4,176.5 million compared to INR 15,022.3 million a year ago. Net loss was INR 1,012.4 million compared to INR 4,224.1 million a year ago. Basic loss per share from continuing operations was INR 5.34 compared to INR 26.31 a year ago. Diluted loss per share from continuing operations was INR 5.34 compared to INR 26.31 a year ago.
For the nine months, sales was INR 19,265.8 million compared to INR 41,279.1 million a year ago. Revenue was INR 20,395.1 million compared to INR 41,991.7 million a year ago. Net loss was INR 7,521 million compared to INR 7,831.6 million a year ago. Basic loss per share from continuing operations was INR 39.65 compared to INR 48.77 a year ago. Diluted loss per share from continuing operations was INR 39.65 compared to INR 48.77 a year ago.