Sterling Powergensys News

Sterling Powergensys Reports Loss of Rs 20.43 Lakhs in Q2 FY2026

Sterling Powergensys Limited posted a net loss of Rs 20.43 lakhs for the quarter ended September 30, 2025, compared to a profit of Rs 0.91 lakhs in the same quarter last year. The solar systems and trading company's revenue increased to Rs 83.30 lakhs from Rs 32.93 lakhs year-over-year, but higher expenses led to negative earnings per share of Rs 0.39.

Sterling Powergensys Reports 92% Revenue Decline in Q1 FY2026 Despite Narrowing Losses

Sterling Powergensys Limited reported total income from operations of ₹254.87 lakhs in Q1 FY2026, marking a significant decline of 78% from the previous quarter (₹1160.17 lakhs) and 92% year-over-year (₹3057.49 lakhs). The company posted a net loss of ₹105.14 lakhs, which was lower than the previous quarter's loss of ₹234.35 lakhs and the year-ago loss of ₹257.97 lakhs. The company operates primarily in the electric vehicle chargers and charging stations business, treating all operations as one segment. Equity share capital remained unchanged at ₹5839.16 lakhs. The company published these unaudited financial results in newspaper advertisements on August 15, 2025.

Sterling Powergensys Reports Loss in Q1 2025, Appoints New Executive Director

Sterling Powergensys Limited reported a net loss of INR 18.18 lakhs for the quarter ended June 30, 2025, compared to a profit of INR 2.26 lakhs in the same period last year. Revenue from operations declined significantly to INR 78.60 lakhs from INR 1,068.15 lakhs year-over-year. Total income from operations dropped to INR 83.77 lakhs from INR 1,072.67 lakhs. The company's earnings per share turned negative at INR (0.35) versus positive INR 0.04 in the previous year. Additionally, the board appointed Mr. Nishant Rao Tamapa as Additional Executive Director effective August 14, 2025. Tamapa brings over two decades of experience in CEO leadership, talent management, and organizational transformation across global markets, with consulting experience at organizations including GE, Dell, Tata group, and Willis Towers Watson. The company operates primarily in solar systems sales.

Sterling Powergensys: CFO Appointment Delayed Disclosure

Sterling Powergensys appointed Pundlik Davane as CFO on Feb. 13, 2025, but delayed reporting to the stock exchange. The company cited administrative procedures and regulatory compliance needs for the delay. Davane, previously associated with the company, replaces Dinesh Agarwal who resigned on Nov. 20, 2024.