Sterling and Wilson Renewable Energy Appoints Rajesh Mittal as SVP-IT
Sterling and Wilson Renewable Energy Limited announced financial results for the quarter and nine months ended December 31, 2025. Revenue from operations stood at ₹1,805.51 crore for the quarter and ₹4,444.69 crore for the nine months. The company appointed Mr. Rajesh Mittal as Senior Vice President – IT, effective January 20, 2026.
The appointment of a Senior Vice President for IT is a significant operational development. The financial results, despite an exceptional item, provide essential information to investors, impacting medium-term strategic outlook.
The announcement includes routine financial results and a key management appointment. While the appointment is positive, the financial results show a significant exceptional item impacting the overall performance, making the sentiment neutral.
Sterling and Wilson Renewable Energy Limited announced the outcome of its Board Meeting held on January 15, 2026. The Board considered and approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Reports from the Statutory Auditors.
Additionally, the Board approved the appointment of Mr. Rajesh Mittal as the Senior Vice President – Information Technology (IT) and Senior Management Personnel (SMP) of the Company. His appointment is effective from January 20, 2026. Mr. Mittal brings 25 years of experience in IT services, including technology planning, strategy, and business transformation, with expertise in areas like SAP S/4 HANA deployment and AI-powered mobile applications. He has received several industry recognitions for his contributions.
The Board meeting commenced at 10:01 a.m. and concluded at 12:15 p.m. The financial results highlight revenue from operations for the quarter ended December 31, 2025, at ₹1,805.51 crore and for the nine months ended December 31, 2025, at ₹4,444.69 crore. The company also reported a profit before exceptional items and tax of ₹69.74 crore for the quarter and ₹189.44 crore for the nine-month period. A significant exceptional item of ₹2,638.42 crore was noted for the nine-month period, primarily related to write-off and impairment of investment in a wholly-owned subsidiary and loans given.
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Sterling and Wilson Renewable Energy Limited filed this with the NSE as a statutory disclosure, categorised under other results related. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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