Sterling Powergensys Reports Q3FY26 Net Loss of ₹13.66 Lakhs on Revenue of ₹512.65 Lakhs

2 min read     Updated on 07 Apr 2026, 12:54 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Sterling Powergensys Limited announced Q3FY26 financial results showing a net loss of ₹13.66 lakhs on revenue of ₹512.65 lakhs, representing significant revenue growth but deteriorating profitability. The company's nine-month performance showed losses of ₹63.64 lakhs with equity turning negative to ₹22.69 lakhs.

powered bylight_fuzz_icon
36459315

*this image is generated using AI for illustrative purposes only.

Sterling Powergensys Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a net loss of ₹13.66 lakhs compared to a net loss of ₹8.83 lakhs in the corresponding quarter of the previous year. The company's revenue from operations increased significantly to ₹512.65 lakhs in Q3FY26 from ₹79.81 lakhs in Q3FY25, marking a substantial growth in operational income.

Financial Performance Overview

The company's total income from operations reached ₹512.65 lakhs for the quarter, representing a significant improvement from ₹86.78 lakhs in the same period last year. However, despite the revenue growth, the company faced challenges in maintaining profitability due to increased expenditure.

Financial Metric: Q3FY26 Q3FY25 Change
Revenue from Operations: ₹512.65 lakhs ₹79.81 lakhs +542%
Total Income: ₹512.65 lakhs ₹86.78 lakhs +491%
Net Loss: ₹13.66 lakhs ₹8.83 lakhs -55%
Basic EPS: -₹0.26 -₹0.17 -53%

Expenditure Analysis

Total expenditure for the quarter stood at ₹526.31 lakhs compared to ₹95.61 lakhs in Q3FY25. The major component was purchase of stock in trade at ₹957.50 lakhs, offset by a positive change in inventories of ₹452.01 lakhs. Employee benefit expenses decreased to ₹6.72 lakhs from ₹9.20 lakhs, while other expenses reduced to ₹14.72 lakhs from ₹16.92 lakhs in the corresponding previous quarter.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported a net loss of ₹63.64 lakhs on total income of ₹679.72 lakhs, compared to a net loss of ₹5.66 lakhs on income of ₹1,219.84 lakhs in the corresponding period of the previous year.

Nine-Month Metrics: FY26 FY25 Change
Total Income: ₹679.72 lakhs ₹1,219.84 lakhs -44%
Net Loss: ₹63.64 lakhs ₹5.66 lakhs -1025%
Basic EPS: -₹1.21 -₹0.11 -1000%

Balance Sheet Position

As of December 31, 2025, the company's total assets stood at ₹2,687.27 lakhs compared to ₹2,029.00 lakhs as of March 31, 2025. Current assets increased significantly to ₹2,573.87 lakhs, primarily driven by higher inventories of ₹583.61 lakhs and trade receivables of ₹1,282.86 lakhs. The company's equity position turned negative to ₹22.69 lakhs from a positive ₹32.57 lakhs, reflecting the accumulated losses.

Regulatory Compliance and Corporate Governance

The results were approved by the Board of Directors at their meeting held on April 06, 2026, which commenced at 03:00 PM and concluded at 04:00 PM. The financial results have been reviewed by the statutory auditors D G M S & Co., Chartered Accountants, and comply with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company operates in solar systems sales and trading of goods, with all activities revolving around this main business segment.

What strategic measures will Sterling Powergensys implement to achieve profitability despite the 542% revenue growth in Q3FY26?

How will the company's negative equity position of ₹22.69 lakhs impact its ability to secure future funding for solar business expansion?

What factors contributed to the significant inventory buildup of ₹583.61 lakhs, and how will this affect cash flow management in upcoming quarters?

Sterling Powergensys Promoter Sells 10,000 Shares in Open Market Transaction

1 min read     Updated on 30 Mar 2026, 06:04 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Sterling Powergensys Limited disclosed that promoter group member Pradeep Gorakhchand Sanghvi sold 10,000 equity shares worth ₹1,78,255.64 on March 27, 2026, through open market transaction on BSE. His shareholding reduced from 160,000 shares (3.04%) to 150,000 shares (2.85%). The company filed necessary regulatory disclosures under SEBI takeover and insider trading regulations.

powered bylight_fuzz_icon
36097000

*this image is generated using AI for illustrative purposes only.

Sterling Powergensys Limited has announced that promoter group member Pradeep Gorakhchand Sanghvi has reduced his shareholding in the company through an open market sale of equity shares. The transaction was executed on BSE Limited and disclosed under regulatory requirements for insider trading and substantial acquisition of shares.

Transaction Details

The share sale transaction involved specific quantities and values that impacted the promoter's overall holding in the company. The disclosure was filed with BSE Limited under scrip code 517063.

Parameter: Details
Shares Sold: 10,000 equity shares
Transaction Date: March 27, 2026
Transaction Value: ₹1,78,255.64
Mode of Sale: Open Market
Exchange: BSE Limited
Scrip Code: 517063

Shareholding Changes

The transaction resulted in a reduction in Pradeep Gorakhchand Sanghvi's stake in Sterling Powergensys Limited. His shareholding position changed as follows:

Holding Period: Number of Shares Percentage Holding
Before Transaction: 160,000 shares 3.04%
Shares Sold: 10,000 shares 0.19%
After Transaction: 150,000 shares 2.85%

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations under multiple frameworks. Sterling Powergensys Limited filed the necessary forms under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Compliance Parameter: Details
Filing Date: March 30, 2026
Submitted By: Sankaran Venkata Subramanian
Designation: Managing Director
DIN: 00107561
Forms Filed: Form C and Disclosure Forms

Pradeep Gorakhchand Sanghvi, residing at B-5, Arvind Kunj, 2nd Floor, 77, Tardeo Road, Mumbai, 400034, with PAN number AAIPS9138H, submitted the required regulatory disclosures as part of the compliance process.

Company Information

Sterling Powergensys Limited maintains its equity share capital structure unchanged following this transaction. The company's total equity share capital consists of 5,262,632 equity shares of ₹10.00 each. The company is listed on BSE Limited and trades under scrip code 517063 with ISIN code INE067E01013.

Will other promoter group members follow suit with similar stake reductions in Sterling Powergensys?

How might this promoter selling impact Sterling Powergensys' stock price and trading volumes in the coming quarters?

What strategic initiatives or capital allocation plans could Sterling Powergensys pursue given the recent promoter stake dilution?

More News on Sterling Powergensys