Sterling and Wilson Renewable Energy Limited (SWREL), a prominent India-based renewable engineering, procurement, and construction (EPC) company, has reported exceptional financial performance for the fourth quarter and the full financial year ending March 31, 2025. The company achieved its highest-ever quarterly revenue since its public listing, recording INR 2,519 crore in Q4—reflecting a remarkable year-on-year (YoY) growth of 114% and a quarter-on-quarter (QoQ) increase of 37%. For the entire FY25, SWREL posted a revenue of INR 6,302 crore, marking an impressive 108% rise compared to the previous year.
Mr. CK Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, said in a statement, “We are poised for significant growth across markets considering the commendable pipeline of projects both in the domestic and international regions. The steady flow of high-value domestic orders in the recent past reinforces our strong market position and growth momentum. Our onward journey is very promising, marked by high quarterly revenue, improved cash flow and a healthy balance sheet, all of which positions us for sustained growth. With our recent foray into Wind EPC and continued focus on hybrid energy projects, we are optimistic about expanding our renewable portfolio and delivering integrated clean energy solutions.”
As of March 31, 2025, the company’s unexecuted order value stands at approximately INR 9,096 crore, up from INR 8,084 crore a year earlier. This pipeline growth reflects continued strong demand and execution momentum. In FY25, SWREL reported order inflows of approximately INR 7,051 crore, underscoring the market’s confidence in its project delivery and execution capabilities. Notably, domestic order inflows accounted for about INR 5,897 crore of the total, representing a solid 21% YoY increase, and indicating sustained momentum in India’s renewable energy sector.
These results highlight SWREL’s leadership and resilience in a rapidly evolving energy market, driven by rising demand for sustainable infrastructure and government support for clean energy transitions. The strong financial performance and robust order book further position the company for continued growth, as it plays a critical role in advancing India’s renewable energy goals.
