Sterling and Wilson Mitigates Losses, Reports Improved Q3 Financials

22 Jan 2024 CW Team

Sterling and Wilson, the global engineering, procurement, and construction (EPC) company, has showcased improved financial performance in the third quarter, reporting a lower net loss. The encouraging figures indicate a positive trajectory in the company's operations, reflecting efforts to mitigate losses and strengthen its financial position.

The reduced net loss for Q3 underscores Sterling and Wilson's resilience in navigating market challenges and adapting to dynamic business conditions. The positive financial trends are likely attributed to strategic measures implemented by the company to enhance operational efficiency and financial sustainability.

As Sterling and Wilson demonstrate improved financials, stakeholders and investors will be keenly observing the company's strategies and management decisions that contribute to its financial recovery. The Q3 results signify a step towards achieving stability and positive momentum in a competitive EPC landscape.

This financial update reflects the company's commitment to addressing financial challenges and underscores its capacity to adapt to changing market dynamics. Sterling and Wilson's efforts to lower net losses in Q3 are indicative of its dedication to sustained growth and financial resilience in the EPC sector.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..