Sterling & Wilson Renewable Energy: Q1 Profit Surges 8x, Revenue Jumps 93%

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Renewable Energy posted a sharp turnaround in Q1 FY26, with net profit rising nearly 8x YoY to ₹38.7 crore. Revenue surged 92.5% to ₹1,761.6 crore, while EBITDA touched ₹85.4 crore. Gross profit doubled with margins at 11.7%, driven by stronger project execution despite headwinds in the domestic market.