Suzlon Energy stock in focus after Q2 net profit jumps 96% YoY to Rs 201 crore
Suzlon Energy stock will be in focus on Tuesday after the company reported a 96% jump in its September quarter consolidated net profit at Rs 201 crore versus Rs 102 crore reported by it in the year ago period.
Company's revenue from operations during the quarter stood at Rs 2,093 crore which was up 48% over Rs 1,417 crore reported in the corresponding quarter of the previous financial year.
Its Earnings, Before Interest, Taxes, Depreciation and Amortisation (EBITDA) in the reported quarter stood at Rs 294 crore versus Rs 225 crore in the year ago period. It was 31% higher on a YoY basis. Meanwhile, EBITDA margin in Q2FY25 was down to 14.1% from 15.9% in the year ago period.
The net finance grew marginally to 38 crore in the July to September quarter of FY25 versus Rs 36 crore in the year ago period.
The company delivered robust deliveries at 256 MW in line with market expectations which was a 96% YoY growth. Order book stood at all‐time high 5.1 GW including India’s largest wind order from NTPC.
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