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Shares of Sterling and Wilson Renewable Energy rose over 9% today after the firm reported profit after 12 quarters of losses. Consolidated net profit came at Rs 1.5 crore in the March 2024 quarter against a loss of Rs 417 crore in the March 2023 quarter. Before this, the company has last reported a profit of Rs 22.69 crore in the December 2020 quarter. Sinmce then it has been reporting losses in every quarter.

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