Suzlon Energy Q1 FY25 Results

Suzlon Energy is No. 1 in India’s renewable sector, offering a 360-degree total solutions package to its customers that covers the entire spectrum of wind energy projects. With a track record of over 20 years, Suzlon has successfully provided turnkey solutions, lifelong support, and exceptional products to customers globally, leading to the creation of substantial value. Their total installed capacity worldwide exceeds 20,680 megawatts. Suzlon Energy’s headquarters are in Pune, and it is a vertically integrated organization with in-house research and development (R&D) centers in Germany, the Netherlands, Denmark, and India. They operate in 17 countries with a wind energy capacity of 20.8 GW.

Highlights of Suzlon Energy Q1 FY25 Results:

Suzlon Energy delivered a stellar performance with a Rs. 302 crore net profit, which is 200% year-on-year (Y-o-Y) profit growth. 274 MW, which is the highest in Q1 FY25 in 7 years. They have the highest quarterly earnings before interest, tax, depreciation, and amortisation (EBITDA) in 7 years, at Rs. 370 crores. Largest-ever order book of 3.8 GW since inception (29 years) and a net cash position of Rs 1,197 crores as of June 30, 2024.

YoY Growth in Q1 FY25 vs. Q1 FY24:

274 MW delivery, which is 103% higher than Q1 FY24, along with a 50% increase in revenue, amounting to Rs. 2016 crores in Q1 FY25. EBITA stands at Rs. 370 crore, marking a 200% rise from Q1 FY24 to Q1 FY25. In Q1 FY25, there was a Rs. 302 crore increase in profit after tax (PAT).

Suzlon Energy Stock: 

Today, Suzlon Energy stocks hit the upper circuit after yesterday’s Q1 results for FY25, where PAT tripled in Q1. Currently, the stock is trading at a price of Rs. 57.74 per share, which is 5% up in intraday trading today, with the highest traded price for the day at Rs. 57.83 per share. Analysts are forecasting a target range of 58–60 for the stock in the near future, based on its outstanding performance in Q1 FY25.

Glance of Suzlon Energy Q1 FY25 Results:

Conclusion: Suzlon Energy is enhancing its performance in the wind energy sector. According to their impressive Q1 FY25 results, they show strong potential in the sector in which they operate in and are poised to further establish dominance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.