Suzlon Energy Share Price: Renewable energy company Suzlon Energy on Thursday reported 15% year-on-year increase in consolidated profits for the December quarter.…
highlights
- On one hand, Suzlon Energy, a major company in the wind energy sector, is showing record order book and highest ever quarterly delivery figures, while on the other hand, its shares are under pressure.
- While the company’s strong balance sheet, growing project pipeline and management’s confidence about growth strengthen the business picture, the sharp fall of the stock is raising new questions for investors.
- Consolidated net profit rose 15% to Rs 445 crore in the October-December quarter, compared to Rs 389 crore in the same period last year.
Revenue from operations grew 42% to Rs 4,236 crore, compared to Rs 2,975 crore last year. Operational performance improved as earnings before interest, taxes, depreciation and amortization grew 48% to Rs 738 crore from Rs 499 crore in the same quarter last year. Margin increased to 17.4%, compared to 16.8% earlier.
Suzlon Q3 Results : Shares fall due to quarterly results
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Renewable energy company Suzlon Energy on Thursday reported 15% year-on-year rise in consolidated profit for the December quarter at Rs 445 crore, compared to Rs 386 crore in the same period last year. The profit after tax (PAT) belonged to the company’s owners in the exchange filing. Suzlon’s revenue from operations grew 42% year-on-year to Rs 4,228 crore in Q3 from Rs 2,969 crore in the same period last financial year.
However, the company’s bottomline fell 65% to Rs 1,279 crore in Q2, while topline grew 9% compared to Rs 3,866 crore in the July-September quarter of FY26.
Suzlon’s order book at record level
Wind energy sector giant Suzlon Energy had the largest order book ever at the end of the quarter. The company’s total order book has reached 6.4 GW, reflecting its strong business momentum. During this period, the company completed delivery of 617 MW, which is the highest delivery so far in any one quarter.
Exchange filings show that work on 2.4 GW of projects is currently underway, providing visibility on future earnings.
Strong balance sheet increases confidence
Suzlon’s net cash position at the end of December quarter stood at ₹1,556 crore, showing a significant improvement in the company’s financial position. Coming out of debt burden and coming into net cash is being considered an important positive sign for investors.
Management confident of further growth
Suzlon Group CEO JP Chalasani said that despite the highest deliveries in its 30-year history, the company’s closing order book was higher than the beginning of the quarter. According to him, this reflects the strong demand for Suzlon’s products and solutions as well as superior project execution capabilities.
He further informed that the company has a project development pipeline of more than 25 GW, which strengthens its future growth strategy. not from this
Great performance in 9 months
Suzlon Energy’s total income in the first nine months of the current financial year reached ₹11,211 crore, a year-on-year growth of 58 per cent. The company’s volume growth during the same period was 66 percent and total deliveries reached 1,625 MW, reflecting strong demand trend.
stock decline
Despite the strong results, there was pressure in the market. After the results, Suzlon Energy shares were seen trading at ₹47.55, down 4.46 per cent. It fell nearly 6 percent from its high intraday.
The stock has slipped nearly 50 per cent from its recent peak of ₹84. At present the total market cap of the company is around ₹ 65.39 thousand crore.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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