Sterling and Wilson Renewable Energy’s (SWREL) new order inflow for 9MFY26 has been robust, reaching Rs 6,929 crore, and based on this strong momentum, the company has revised its order inflow guidance for FY26 to exceed Rs 11,000 crore.
The company reported impressive results for Q3 FY26, with around 48 percent YoY growth in revenue, reaching Rs 5,602 crore in the first nine months of FY26, compared to Rs 3,783 crore last year. This growth is attributed to an improved credit rating and new credit lines, boosting customer confidence and operational performance.
In Q3FY26, the company secured a 5-year framework agreement with Adani Green, marking a significant step in expanding its partnerships. Additionally, SWREL landed its second South African order worth USD 147 million and added two new Indian renewable energy projects, including a BESS order from a major IPP. Speaking on the quarter results, C. K. Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, said, “The marquee order from Adani Green and signing a strategic 5-year framework agreement with them is an important milestone reflecting the strong faith placed in our company’s execution by globally renowned RE developers."