Categories Earnings, Energy

Suzlon Energy Ltd Ltd Q4FY23 results out, revenue drops by 32%

Suzlon Energy is primarily engaged in the business of manufacturing of wind turbine generators (WTGs) and related components of various capacities. Suzlon energy being a pioneer & market leader of wind energy is focused on manufacturing & OMS (Operations and Maintenance Services) of Wind Turbine Generators. Having more than 2 decades of experience, the company has scripted OMS best practices setting industry benchmarks that ensure operational efficiency across various climatic zone from 50⁰C to -35⁰C.

  • Suzlon Energy Ltd reported Total revenue for Q4 FY23 of ₹1,694 Crore, down from ₹2,474 Crore year on year depicting a decline of 32%.
  • Total Expenses for Q4 FY23 of ₹1,461 Crore down, from ₹2,258 Crore year on year, a decline of 35%. 
  • Consolidated Net Profit of ₹320 Crore, up 255% from -(₹206) Crore in the same quarter of the previous year.
  •  The Earnings per Share is ₹0.22, up 222% from -(₹0.18) in the same quarter of the previous year.

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