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Green energy stock hits 5% upper circuit after its net profit increases by 93.5% QoQ

Leading renewable energy firm reported a 93.5% QoQ and 91% YoY increase in net profit to ₹387 crore. Revenue surged to ₹2,969 crore, with strong growth in wind turbine and foundry segments.
Green energy stock hits 5% upper circuit after reporting a 93.5% QoQ net profit rise.
Green energy stock hits 5% upper circuit after reporting a 93.5% QoQ net profit rise.

Introduction:

Leading renewable energy firm reported a net profit of ₹387 crore for Q3 FY25, marking a 93.5% increase from the previous quarter and a 91% rise YoY. Revenue surged to ₹2,969 crore, driven by strong performance across segments.

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Also Read: Stocks To Watch For Budget 2025

Share price movement of Suzlon Energy:

On January 29, 2025, Suzlon Energy Ltd. opened at ₹52.76, up 5.00% from its previous close of ₹50.25. The stock reached a high and low of ₹52.76. By 10:19 AM, it traded at ₹52.76, with a market cap of ₹72,004.63 crore.

Suzlon Energy Reports 91% Surge in Q3 Net Profit:

Suzlon Energy reported a consolidated net profit of ₹387 crore for Q3 FY25, marking an impressive 93.5% increase compared to ₹200 crore in the previous quarter of the same year. And it has imposed a remarkable 91% increase from ₹203 crore YoY.

The company’s revenue from operations rose sharply to ₹2,969 crore, reflecting a 91% growth from ₹1,553 crore in Q3 FY24. Total income also saw a 91% year-on-year increase, reaching ₹3,002 crore.

Suzlon Energy’s wind turbine generator segment posted record deliveries of 447 MW, with revenue more than doubling to ₹2,336 crore. The foundry and forging segment also showed strong growth, increasing nearly 65%.

Recent news on Suzlon Energy:

As of January 24, 2025, Suzlon Energy Ltd. secured a 486 MW order in partnership with Torrent Power, achieving a 1 GW wind energy milestone. Suzlon will supply 162 advanced wind turbines in Gujarat, supporting India’s renewable energy goals.

Stock performance of Suzlon Energy for Period of 1 week, 6 months and 1 year:

Suzlon Energy Ltd. has experienced an 8.82% decline over the past week and a 29.6% drop over the last six months. However, the stock has shown a 14.8% gain over the past year, reflecting positive long-term growth.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of Suzlon Energy:

All values in %Dec 2024Sep 2024Jun 2024
Promoter13.30%13.30%13.30%
FII22.90%23.70%21.50%
DII9.30%9.00%9.20%
Public55%54.00%56.00%
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About Suzlon Energy:

Suzlon Energy Ltd. (NSE: SUZLON) is a leading global renewable energy provider, specializing in wind turbine generator manufacturing, installation, and O&M services. It offers comprehensive solutions, including project planning, resource assessment, and execution, both in India and internationally.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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