Suzlon Energy Ltd Q1FY25; 199% rise in Profits

Suzlon is one of the leading global renewable energy solutions providers. It is a vertically integrated WTG manufacturer. It also undertakes installation and O&M of all WTG sales. Operations include design development and manufacturing of all major components, including rotor blades, tubular towers, generators, control equipment, gears and nacelles. Apart from manufacturing, it offers a full gamut of wind project planning and execution services, including wind resource assessment, infrastructure and power evacuation, technical planning and execution of wind power projects. It also offers O&M services in India and overseas countries.

Financial Results:

Suzlon Energy Ltd reported Revenues for Q1FY25 of ₹2,022.00 Crores up from ₹1,351.00 Crore year on year, a rise of 49.67%.

Total Expenses for Q1FY25 of ₹1,743.00 Crores up from ₹1,269.00 Crores year on year, a rise of 37.35%.

Consolidated Net Profit of ₹302.00 Crores up 199.01% from ₹101.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.22, up 175.00% from ₹0.08 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.