Can Suzlon Sustain Its Record-Breaking Momentum in Renewable Energy?
Suzlon Energy delivered a spectacular performance in Q3 FY25, with a 91% surge in net profit and equally impressive revenue growth. This marks a strong rebound for the renewable energy major, aligning with India’s push for green energy initiatives.
91% Profit Surge: What’s Driving Suzlon’s Stellar Performance?
Suzlon reported a consolidated net profit of ₹387 crore, a remarkable increase from the ₹203 crore recorded in the same quarter last year.
- Revenue from operations soared 91%, reaching ₹2,969 crore, compared to ₹1,553 crore in Q3 FY24.
- The company’s total income rose sharply to ₹3,002 crore, while EBITDA more than doubled to ₹500 crore, with an EBITDA margin of 16.8%.
Key Points:
- Net Profit: ₹387 crore (+91%).
- Revenue from Operations: ₹2,969 crore (+91%).
- EBITDA: ₹500 crore (margin: 16.8%).
Wind Power Leads the Way: Segment Performance Analysis
Suzlon’s wind turbine generator (WTG) segment was the star performer, posting revenue of ₹2,336 crore, up from ₹1,004 crore in Q3 FY24—more than doubling its contribution. The foundry and forging segment also showed strong growth, with revenue rising 65% YoY to ₹146 crore.
- Record Deliveries: Suzlon achieved quarterly deliveries of 447 MW, setting a new benchmark.
CEO JP Chalasani emphasized, “We are seeing consistent quarter-on-quarter growth, driven by our businesses operating as strong, independent entities. With our manufacturing capacity expansion progressing well, we are well-positioned to meet our record-high order book of 5.5 GW.”
Key Points:
- WTG Revenue: ₹2,336 crore (+>100%).
- Foundry & Forging Revenue: ₹146 crore (+65%).
- Record Order Book: 5.5 GW.
Investor Spotlight: Suzlon’s Stock Performance and Outlook
Suzlon’s stock experienced intraday volatility, initially declining but recovering to close in the green at ₹50.25. With the Q3 results announced post-market hours, market experts anticipate a bullish sentiment when trading resumes.
Analysts are likely to monitor:
- Order Book Execution: The ability to fulfill a record 5.5 GW order book.
- Operational Preparedness: Ramp-up strategies and capacity expansion.
- Renewable Energy Outlook: Alignment with India’s renewable energy goals.
Key Points:
- Stock closed at ₹50.25, recovering intraday losses.
- Focus on capacity expansion and stakeholder value creation.
What’s Next: Can Suzlon Capitalize on India’s Green Energy Push?
Suzlon’s robust quarterly results showcase its resilience and commitment to India’s renewable energy ambitions. With a strong order book, record deliveries, and consistent growth, the company is poised to play a pivotal role in advancing India’s wind energy capacity.
JP Chalasani summed it up: “With our ramp-up strategy on track and operational preparedness at optimal levels, we can sustain momentum and create long-term value for stakeholders.
Know more about us-
NiftyTrader
BSE Option Chain
NSE Option Chain