Suzlon Energy reported a remarkable performance for the quarter ending December 31, with its net profit jumping 91% year-on-year to Rs 387 crore. In the same quarter last year, the company had recorded a net profit of Rs 203 crore.<\/p>\n\n\n\n
Its revenue from operations, too, increased two folds to Rs 2,969 crore in Q3 FY25 against Rs 1,553 crore in the year-ago period. Total income also surged 91% YoY to Rs 3,002 crore from Rs 1,570 crore in Q3 FY24.<\/p>\n\n\n\n
Suzlon’s EBITDA more than doubled to Rs 500 crore in the quarter, while EBITDA margin improved to 16.8%. Record quarterly deliveries at 447 MW reflected strong operational performance by the company.<\/p>\n\n\n\n
The wind turbine generator segment accounted for the largest contribution in terms of revenue, growing over two-fold YoY to Rs 2,336 crore in Q3 FY25 as against Rs 1,004 crore in Q3 FY24. Revenue from the foundry and forging segment increased 65% YoY to Rs 146 crore.<\/p>\n\n\n\n
The group CEO, JP Chalasani, while commenting on the quarterly performance, pointed to steady growth and a robust order book at 5.5 GW, thereby assuring that the plans for expansion of its manufacturing capacity in the country are going well on schedule to ensure that Suzlon plays a valuable role towards the renewable goals for India.<\/p>\n\n\n\n
Suzlon Energy’s stocks, that plumbed to losses in earlier traded session regained, ended with in the green to Rs 50.25 on January 27. Considering, the company after market-hour disclosed Q3, the stock will most definitely be talked in the market on January 28.<\/p>\n\n\n\n
Do you have a news tip for Lakshmishree reporters? Please email us at media@lakshmishree.com<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":" Suzlon Energy reported a remarkable performance for the quarter ending December 31, with its net profit jumping 91% year-on-year to Rs 387 crore. In the same quarter last year, the company had recorded a net profit of Rs 203 crore. Its revenue from operations, too, increased two folds to Rs 2,969 crore in Q3 FY25 […]<\/p>\n","protected":false},"author":1,"featured_media":6065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[961],"class_list":["post-6064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-suzlon-energy-q3"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=6064"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6064\/revisions"}],"predecessor-version":[{"id":6066,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6064\/revisions\/6066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/6065"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=6064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=6064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=6064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Source: Moneycontrol<\/a><\/sub><\/sup><\/p>\n\n\n\n