Suzlon Energy shares surged over 13% after the company reported its best financial performance in a decade, with strong revenue and profit growth in FY25, with a firm order book of 5.6 GW and a net cash position of ₹1,943 crore.
On Friday, May 30, the share price of Suzlon Energy rose sharply by 13.57% to an intraday high of ₹74.30 after the company announced its strongest performance in the past ten years. As of 11:30 AM IST, the stock was trading at ₹71.88 per share, up 9.89%, recording highest intraday gains in last one month.
On a year-to-date (YTD) basis, the Suzlon share price has increased by 14.40%, while over the past 12 months, the stock has gained 54.77%.
Suzlon Group, a key player in India’s wind energy sector, reported its audited financial results for FY 2024–25, showcasing its best performance in a decade. Profit Before Tax (PBT) more than doubled year-on-year, rising 103% to ₹1,447 crore. Revenue from operations for FY25 stood at ₹10,851.32 crore, marking a 67.02% increase from ₹6,496.84 crore in the previous year. EBITDA increased by 81% to ₹1,857 crore. Profit After Tax (PAT) rose by 213.72%, reaching ₹2,071.63 crore from ₹660.35 crore in FY 2023–24. The FY25 PAT includes ₹638 crore from Deferred Tax Asset recognition.
Suzlon’s strong financials are backed by a firm order book of 5.6 GW and a net cash position of ₹1,943 crore, highlighting the successful execution of its operational strategies and transformation roadmap.
For the quarter ending March 2025, Suzlon reported a 73.16% year-on-year increase in revenue from operations to ₹3,773.54 crore, compared to ₹2,179.20 crore in the same quarter last year. PAT for the quarter jumped 364.73% to ₹1,180.98 crore from ₹254.12 crore in March 2024.
Girish Tanti, Vice Chairman, Suzlon Group, said, "FY25’s performance sets the stage for Suzlon’s next phase of strategic evolution and market leadership. Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes 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 advance towards the 100 GW target by 2030, India will most certainly shape the global narrative on clean energy leadership and climate action.”
Suzlon is one of the leading global renewable energy solutions providers. It is a vertically integrated WTG manufacturer. It also undertakes the installation and O&M of all WTG sales. Operations include design development and manufacturing of all major components, including rotor blades, tubular towers, generators, control equipment, gears and nacelles. Apart from manufacturing, it offers a full gamut of wind project planning and execution services, including wind resource assessment, infrastructure and power evacuation, technical planning and execution of wind power projects. It also offers O&M services in India and overseas countries.
Disclaimer: The article is for informational purposes only and not an investment advice.