Suzlon Energy share price: One of the renewable energy solution providers, especially in the wind energy space, jumped sharply in trade on Friday, May 30, after the company on Thursday reported a four-fold jump in its consolidated net profit to ₹1,181 crore for the March quarter (Q4FY25), mainly led by higher revenues.
In early deals, the stock jumped 13.57% to hit a high of ₹74.30 on the NSE.
It reported a consolidated net profit of ₹254 crore in the quarter ended March 2024, BSE filings showed.
Its total income rose to ₹3,825.19 crore in the quarter from ₹2,207.43 crore a year ago. During 2024-25, consolidated net profit also rose to ₹2,072 crore from ₹660 crore recorded in the previous fiscal. Total income in the fiscal year rose to ₹10,993.13 crore from ₹6,567.51 crore in the year-ago period.
Commenting on the company’s performance, Girish Tanti, Vice Chairman, Suzlon Group, said, “FY25 performance sets the stage for Suzlon’s next phase of strategic growth and market leadership. Achieving our highest profitability in a decade, strong cash reserves and record order book are a direct result of our disciplined business transformation and sharp operational focus.
India has also crossed a significant milestone by surpassing 50 GW of installed wind power capacity – a journey in which Suzlon has played a leading role. As we move towards the target of 100 GW by 2030, India will certainly shape the global narrative on clean energy leadership and climate action,” Tanti added.
In FY25, the company said it achieved a record delivery of 1.55 GW – an impressive growth of 118% year-on-year.
Contribution margin for the WTG (wind turbine generator) business expanded to 23%, an increase of 360 basis points, supported by our 4.5 GW manufacturing capacity. We added 10 new production lines for our S144 – 3. X MW series, it said.
With over 5GW of firm orders, the S144 wind turbine has emerged as the company’s top performing product, contributing over 1.25 GW of deliveries during FY25 alone.
It now represents 91% of the order book, underscoring the strong market demand for reliable, site-adaptive and high-yield turbine technology.
Suzlon Group is a leading global renewable energy solutions provider, with approximately 21.1 GW of wind power capacity installed across 17 countries.
Suzlon One Earth Headquartered in Pune, India, the Group comprises Suzlon Energy Limited and its subsidiaries.
