CALCULATE YOUR SIP RETURNS

Suzlon Energy Limited Announces Q3 Results: Know Dividend Plans

Written by: Team Angel OneUpdated on: Feb 10, 2025, 4:30 PM IST
Suzlon Energy’s Q3 FY25 report highlights strong revenue growth, an expanding order book, and increased manufacturing capacity.
Suzlon Energy Limited Announces Q3 Results: Know Dividend Plans
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Suzlon Energy Limited presented its Q3 FY25 earnings report, highlighting robust growth and strong financial performance. The company continues to expand its order book while reinforcing its leadership in the renewable energy sector. With an increased manufacturing capacity and improved profitability, Suzlon remains well-positioned for long-term growth.

Operational Performance and Order Book Expansion

Suzlon reported a record-high order book exceeding 5.5 GW, ensuring a steady pipeline of projects for FY26 and beyond. The company has also secured non-EPC orders, focusing on high-quality projects with better margins.

On the manufacturing front, Suzlon expanded its capacity to over 4.5 GW by upgrading facilities in Pondicherry and adding new blade lines in Madhya Pradesh and Rajasthan. The S144 turbine model has gained significant traction, surpassing 5 GW in orders, showcasing Suzlon’s technological strength and customer confidence.

Execution efficiency was a key highlight, with a record quarterly delivery of 447 MW, reflecting a 163% year-on-year increase. The company delivered 977 MW in the first nine months of FY25, exceeding the entire FY24 output of 710 MW. However, industry-wide challenges such as transmission delays and land-related issues have slowed overall wind energy installations in India.

Financial Performance and Dividend Plans

Suzlon posted strong financial results in Q3 FY25, with consolidated revenue reaching ₹2,969 crores, a 91% year-on-year growth. The WTG segment’s contribution margin improved to 22.7%, up from 19.4% in the previous year. EBITDA stood at ₹500 crores, marking a 102% year-on-year increase, with margins rising to 16.8%. The company reported a quarterly profit after tax (PAT) of ₹388 crores, further strengthening its financial position.

Suzlon’s net worth reached ₹4,914 crores, with a net cash position of ₹1,107 crores. The company continues to expand its Operations & Maintenance Services (OMS) business, ensuring 96% machine availability across a 15 GW portfolio. Renom, its multi-brand OMS subsidiary, has achieved assets under management of over 3 GW, further consolidating Suzlon’s position in the sector.

Regarding dividend plans, CFO Himanshu Mody said, “Of course, we keep looking out. We will be very selective. We won’t go very aggressive in organic opportunities. There is a scheme that is impending that requires for reclassification of results. So, once that is done, we can have the dividend-paying capabilities. I hope and assume that should be completed, that scheme should go through by June, July”.

Suzlon Energy Share Performance

As of February 10, 2025, at 2:50 PM, the shares of Suzlon Energy are trading at ₹53.66 per share up by 0.09% from its previous closing price.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Published on: Feb 10, 2025, 4:30 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers