Sterling and Wilson has announced its financial results for the fourth quarter of the fiscal year ended March 31, 2020. The company has reported a revenue of Rs 21,205 million, which is a 79 per cent increase over the amount of Rs 11,832 reported for same period in 2019. The company also recorded a net profit of Rs 1,285.8 million for the quarter ended March 31, 2020. Sterling and Wilson managed to earn a profit for the quarter ended March 31, 2020. However, this was a 56 per cent decline from the net profit recorded for the quarter ended in March 31, 2019. For the financial year 2019-20, the consolidated net profit of the company is Rs 3,042.7 million compared to Rs 6,382.3 million earned in the financial year 2018-19.
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