Suzlon Energy shares were locked in the upper circuit filter of 5 per cent on NSE (National Stock Exchange), after renewable energy company announced their quarterly earnings for the quarter ended at December 31, which revealed their PAT skyrockted 91 per cent to Rs 387 crore.
The shares of suzlon energy rang the opening bell at day high level of Rs 52.77 per share on exchanges which was the upper circuit level for the renewable energy company’s shares.
Suzlon energy shares were locked at upper circuit filter level of Rs 52.77 per shares on the exchanges with surge of 4.99 per cent amounting to a Rs 2.51 per share on the dalal street.
Suzlon Energy Q3 FY25
Q3 FY25 Net profit
For the quarter that concluded on December 31, Suzlon Energy reported a consolidated net profit of Rs 387 crore. Compared to the Rs 203 crore net profit recorded in the same quarter of the prior fiscal year, this represents an astounding increase of about 91 per cent.
Suzlon Energy’s total revenue jumped to Rs 3,002 crore, a 91 per cent year-over-year increase. In the third quarter of FY25, it reported a net income of Rs 1,570. In Q3, its EBITDA margin was 16.8 per cent, and its EBITDA more than doubled to Rs 500 crore.
Investor presentation
Additionally, the company’s operating revenue increased significantly. Its Q3 revenue of Rs 2,969 crore was more than 91 per cent higher than the Rs 1,553 crore it reported for the same period last year.
Order book and delivered project capacity
During the reviewed quarter, Suzlon Energy reported record quarterly deliveries of 447 MW. A significant improvement was observed in the company’s wind turbine generator segment.
Investor presentation
From Rs 1,004 crore in Q3 FY24 to Rs 2,336 crore in Q3 FY25, the segment’s revenue more than doubled. Strong increases were also seen in the revenue from its foundry and forging segment, which increased by almost 65 per cent year over year to Rs 146 crore.