Sterlite Power bags new orders worth Rs 1,500 cr in Q1 FY'25
Sterlite Power won orders worth Rs 1,500 crore in the first quarter of FY25, adding to an order book of Rs 6,560 crore. This growth was driven by high-performance, green products and specialized services. The company saw a 15% QoQ increase, aligni...
The new set of orders (worth Rs 1,500 crore), won across the domestic and international market in Q1 FY25, builds on the total order book of over Rs 6,560 crore at the start of this financial year, a company statement said.
The company has bagged orders worth Rs 1,500 crore across its global Products and Services (GPS) business that caters to high performance, green products and specialized Engineering, Procurement and Construction (EPC) services, a company statement said.
It recorded a 15 per cent quarter-on-quarter (QoQ) increase in order book from Q1'FY24.
"The GPS business is witnessing remarkable expansion, reflecting the surge in the transmission sector and India's robust economic outlook. These new orders, spanning various segments, reflect the materialising of our strategic business growth goals," Reshu Madan, CEO, Global Products and Services, said.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.