The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy’s consolidated net loss was reduced by 73% year-over-year (YoY) to ₹950 million (~$11.6 million) for the first quarter (Q1) of the financial year (FY) 2023-24 from a loss of ₹3.56 billion (~$43.4 million) due to higher contribution from the domestic EPC segment.