Suzlon energy Q3 results: Suzlon Energy Limited today released the results of the third quarter of FY25 on 28 January. In the October-December quarter, the company’s net profit has gained 91 per cent on an annual basis. Suzlon’s net profit was almost double from the same quarter last year to ₹ 387 crore. The company’s shares saw a slight rise of 0.12 per cent today and this stock has closed at Rs 50.25 on the BSE. The company has released the results after the market was closed.
During the quarter, the revenue of Suzlon Energy also doubled on an annual basis, which increased 91% to ₹ 2,968.8 crore. Suzlon’s topline increased by 45 per cent over the previous quarter. Suzlon’s Ebitda was Rs 493.5 crore during the quarter, compared to Rs 240.2 crore in the same period last year. The Ebitda margin for the quarter was 16.6%, which is 110 base points higher than the previous year’s 15.5% figure.
Suzlon Energy performed a record delivery of 447 MW during the quarter, a jump of 163% from the same quarter of a year ago. The company’s order book is the highest so far with 5.5 gigawatts, with commercial and industrial segments as well as PSUs 80% of the total order book. The S144 turbines form about 92% of the total order book.
The company has given a new appearance to its repression and Puducherry Nasel Manufacturing Facility, leading to the annual capacity of 4.5 GW. Two additional production lines are also being added to Ratlam and Jaisalmer units, so that the operation can be increased.