Categories AlphaGraphs, Earnings, Energy

Suzlon Energy Ltd Q4FY24; 21% fall 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 Q4FY24 of ₹2,196.00 Crores up from ₹1,694.00 Crore year on year, a rise of 29.63%.

Total Expenses for Q4FY24 of ₹1,927.00 Crores up from ₹1,628.00 Crores year on year, a rise of 18.37%.

Consolidated Net Profit of ₹254.00 Crores down 20.62% from ₹320.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.19, down 13.64% from ₹0.22 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.

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