**Suzlon Energy Reports Impressive Q3 Results with 91% Surge in Net Profit**
On January 28, Suzlon Energy announced a remarkable 91% year-on-year increase in consolidated net profit for the December quarter (Q3) of the current financial year. The company’s net profit for Q3FY25 reached ₹386.92 crore, compared to ₹203.04 crore in the same quarter of the previous year.
Revenue from operations for the quarter was ₹2,968.81 crore, marking a significant rise of 91% from ₹1,552.91 crore in the corresponding quarter last year. The company’s EBITDA also saw a substantial increase of 102% year-on-year, reaching ₹500 crore, while the EBITDA margin improved to 16.8% from 15.9% year-on-year. The net profit margin stood at 13.1%, indicating enhanced profitability.
During this quarter, Suzlon achieved record quarterly deliveries of 447 MW and expanded its manufacturing capacity to 4.5 GW, thanks to upgrades at its Puducherry and Daman Nacelle facilities. The company reported its highest-ever order book at 5.5 GW, with commercial and industrial (C&I) and public sector undertakings (PSU) now accounting for nearly 80% of the total order book.
JP Chalasani, Chief Executive Officer of Suzlon Group, stated, “We are experiencing consistent quarter-on-quarter growth, with each of our businesses operating as strong, independent entities driving performance. Our manufacturing capacity expansion in India is progressing as planned to fulfill our record-high order book of 5.5 GW.” He further added, “With our ramp-up strategy on track and operational preparedness at optimal levels, we can sustain momentum, create long-term value for our stakeholders, and play a pivotal role in advancing India’s renewable energy ambitions.