Sterling and Wilson Renewable Energy Limited (NSE:SWSOLAR)

Revenue by Segment

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018
EPC Business	60.64B	28.25B	18.24B	49.74B	48.26B
EPC Business Growth	114.68%	54.91%	-63.34%	3.08%	-10.49%
Operation and Maintenance Service	2.36B	2.10B	1.90B	2.23B	2.52B
Operation and Maintenance Service Growth	12.20%	10.82%	-14.83%	-11.56%	37.34%
Unallocated	17.70M	2.60M	16.50M	15.60M	29.80M
Unallocated Growth	580.77%	-84.24%	5.77%	-47.65%	534.04%
Total	63.02B	30.35B	20.15B	51.99B	50.81B
Total Growth	107.61%	50.64%	-61.24%	2.33%	-8.87%

Revenue by Geography

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018
India	52.29B	25.35B	6.18B	5.52B	12.09B
India Growth	106.30%	309.89%	12.02%	-54.35%	-19.93%
Europe	6.95B	-	-	-	-
South East Asia	-	57.60M	-	89.10M	166.40M
South East Asia Growth	-	-	-	-46.45%	-97.38%
Middle East and North Africa	208.60M	280.70M	511.80M	1.01B	5.50B
Middle East and North Africa Growth	-25.69%	-45.15%	-49.18%	-81.68%	-58.87%
Rest of Africa	2.63B	203.10M	262.00M	792.40M	989.50M
Rest of Africa Growth	1197.10%	-22.48%	-66.94%	-19.92%	-62.30%
United States of America and Latin America	289.40M	1.52B	5.15B	15.55B	10.46B
United States of America and Latin America Growth	-80.94%	-70.51%	-66.90%	48.63%	-30.39%
Australia	641.10M	2.95B	8.05B	29.03B	21.60B
Australia Growth	-78.24%	-63.37%	-72.29%	34.40%	557.95%
Total	63.02B	30.35B	20.15B	51.99B	50.81B
Total Growth	107.61%	50.64%	-61.24%	2.33%	-8.87%

Source: S&P Global Market Intelligence.