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  3. Sterlite Power Secures Rs 1,500 Cr Orders in Q1 FY'25

Sterlite Power Secures Rs 1,500 Cr Orders in Q1 FY'25

7 Aug 2024

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Key Takeaways

Sterlite Power’s Rs 1,500 crore order book in Q1 FY25 increased its total order book to Rs 6,560 crore, showing strong sector growth.

Sterlite Power’s Rs 1,500 crore order book in Q1 FY25 increased its total order book to Rs 6,560 crore, showing strong sector growth.

Sterlite Electric Unlisted Shares

Sterlite Electric

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Expert Analysis

Sterlite Power Wins Rs 1,500 Crore Orders in Q1 FY25.

Expert Analysis:

  • Order Secured: Sterlite Power secured orders worth Rs 1,500 crore in Q1 FY25 across its global products and services business, boosting its total order book to over Rs 6,560 crore for the year.

  • Business Expansion: The growth reflects an expansion in the global Products and Services (GPS) business that caters to high-performance, green products, and specialized Engineering, Procurement, and Construction (EPC) services.

  • Quarterly Growth: There was a 15% quarter-on-quarter (QoQ) rise from Q1 FY24.

  • Strategic Growth: Reshu Madan, CEO of Global Products and Services, States that the GPS business’s expansion, driven by the transmission sector's growth and India's robust economic outlook, reflects the realization of strategic growth goals.

Publisher:Money.rediff