Suzlon Energy’s Decade-High Performance

Mumbai: Suzlon Energy on Thursday reported a nearly fivefold jump in consolidated net profit to Rs 1,181 crore for the March quarter, mainly on the back of higher revenues. The company reported a consolidated net profit of Rs 254 crore in the quarter ended March 2024, a BSE filing said. Total income rose to Rs 3,825.19 crore in the quarter from Rs 2,207.43 crore a year ago. During 2024-25, the profit rose to Rs 2,072 crore from Rs 660 crore in the previous financial year.

Total income rose to Rs 10,993.13 crore from Rs 6,567.51 crore in the year-ago period. “Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes of our disciplined business transformation and sharp operational focus,” said Girish Tanti, Vice Chairman, Suzlon Group.

It recorded highest-ever performance in 10 years: Profit before exceptional items and tax at Rs 1,447 crores; PAT at Rs 2,072 crores (Pursuant to Deferred Tax Asset recognition of Rs 638 crores); and, Firm order book at 5.6 GW, Net cash position stood at Rs 1,943 crores.