Suzlon

2024 - 1 - 31

Suzlon Energy Shines Bright: Q3 Profits Soar, Investors Celebrate

Financial Results - Renewable Energy - Stock Market - Suzlon Energy

Suzlon Energy's Q3 results are in, and the numbers are astounding. Find out how the renewable energy giant is making waves in the market!

Suzlon Energy, India's leading renewable energy solutions provider, has recently announced its impressive third-quarter results for the financial year 2023-24. The company reported a staggering 160% increase in net profit, reaching Rs 203.04 crore compared to the previous year. Revenue from operations also saw a significant uptick of 7.17%, totaling Rs 1552.91 crore in Q3 FY24.

The positive financial performance can be attributed to Suzlon Energy's strategic initiatives and cost management. With a sharp rise in EBITDA by nearly 17% to Rs 247 crore and improved operating margins, the company is setting a strong foundation for future growth.

Investors and shareholders have reacted positively to the news, with Suzlon Energy's stock hitting upper circuits and reaching a 52-week high. The market capitalization has surged, reflecting the confidence and optimism surrounding the company's future prospects.

As Suzlon Energy continues to expand its presence in the renewable energy sector, analysts predict further upside in the stock price, making it an attractive investment option for those eyeing the green energy market.

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Image courtesy of "Business Today"

Suzlon Energy Q3 results: Profit jumps 159% YoY to Rs 203 crore ... (Business Today)

Suzlon Energy Q3 results: The company's revenue from operations ticked 7.17 per cent higher at Rs 1552.91 crore in Q3 FY24 as against Rs 1448.97 crore in ...

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Image courtesy of "Livemint"

Suzlon Energy Q3 FY24 results: Net profit improves 160% YoY to ... (Livemint)

Suzlon Energy reports consolidated net profit of ₹203.04 crore in Q3FY24, a 160% improvement from the previous year.

Suzlon Press Release | Suzlon Energy LTD (Suzlon Energy)

Pune, India: Suzlon Group, India's largest renewable energy solutions provider, announced its third quarter results for the financial year 2023-24 (Q3 FY24) ...

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Image courtesy of "CNBCTV18"

Suzlon Q3 Results: Net profit rises 160% as finance costs dip ... (CNBCTV18)

Suzlon Q3 Results: Finance costs for the quarter fell by over 80% from last year to ₹14.3 crore from ₹86.3 crore last year.

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Image courtesy of "The Economic Times"

Suzlon Q3 Results: Cons PAT rises 2.6x YoY to Rs 203 crore, debt ... (The Economic Times)

Earnings before interest, taxes, depreciation and amortization or EBITDA surged nearly 17% YoY to Rs 247 crore, and operating margins improved 120 basis ...

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Image courtesy of "Hindustan हिंदी"

160% बढ़ गया एनर्जी कंपनी का मुनाफा, शेयर खरीदने टूटे निवेशक, ₹46 पर ... (Hindustan हिंदी)

Suzlon Energy Share: रिन्यूएबल एनर्जी सॉल्यूशन प्रोवाइडर सुजलॉन एनर्जी ने आज बुधवार को दिसंबर तिमाही के नतीजे जारी कर दिए हैं।

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Image courtesy of "मनी कंट्रोल"

Suzlon Energy Q3 results : दिसंबर तिमाही में 160% बढ़ा मुनाफा, शेयरों में ... (मनी कंट्रोल)

Suzlon Energy Q3 results : अक्टूबर-दिसंबर तिमाही में कंपनी का कंसोलिडेटेड नेट प्रॉफिट करीब 160 फीसदी बढ़कर 203.04 करोड़ रुपये हो गया है।

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Image courtesy of "Business Standard Hindi"

Suzlon Energy Q3 Results: नेट प्रॉफिट में 160% का तगड़ा उछाल, शेयरों ... (Business Standard Hindi)

Suzlon Energy Q3 Results: Suzlon Energy का ऑपरेशन से रेवेन्यू भी सालाना आधार पर 7.17 प्रतिशत बढ़कर 1552.91 करोड़ रुपये हो गया।

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Image courtesy of "Business Today"

Interim Budget 2024: IRFC, Suzlon Energy, IRCON, RVNL shares ... (Business Today)

IRFC climbed 441 per cent since February 1, 2023. Suzlon Energy has seen its shares rallying 369 per cent since last Budget. REC Ltd soared 324 per cent ...

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Image courtesy of "Business Standard"

Suzlon Q3 results: Net profit jumps to Rs 203 cr, income at Rs 1569 cr (Business Standard)

Renewable energy solutions provider Suzlon Energy on Wednesday posted a nearly 160 per cent jump in its consolidated net profit to Rs 203.04 crore in the ...

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Image courtesy of "Zee Business हिंदी"

Q3 Results के बाद Suzlon में अपर सर्किट, 13 साल के हाई पर स्‍टॉक ... (Zee Business हिंदी)

Suzlon Energy Q3 Results: विंड पावर सेक्‍टर की दिग्‍गज कंपनी सुजलॉन एनर्जी (Suzlon Energy) ने बुधवार (31 जनवरी) को तीसरी तिमाही (Q3FY24) के ...

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Image courtesy of "Business Today"

Infibeam, Indus Towers, Suzlon Energy, NHPC, JP Power shares ... (Business Today)

IREDA Ltd, IRFC, Maruti Suzuki India Ltd, HUDCO, HDFC Bank Ltd and NBCC Ltd led the turnover chart, data on most-active stocks suggest.

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Image courtesy of "Business Today"

Suzlon Energy shares hit upper circuit; here's why JM Financial ... (Business Today)

Shares of Suzlon Energy rose another 5 per cent to Rs 48.31, hitting its 52-week high, at Rs 48.31 on Thursday, with a total market capitalization of more ...

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Image courtesy of "ET Now"

Suzlon Share Price Target 2024: Stock Hits Upper Circuit To Reach ... (ET Now)

Suzlon share price hit the upper circuit limit on the Budget Day announcement by finance minister Nirmala Sitharaman on February 1 after the Renewable ...

Suzlon Energy net up 2.6 times to ₹203 crore, revenue up 7% (Times of India)

Pune: Suzlon Energy has reported a 2.6 times increase in its net profit in the quarter ended December 31 to Rs 203 crore on account of lower base effect.

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Image courtesy of "Livemint"

Why Suzlon share price touched upper circuit after Budget 2024 ... (Livemint)

Experts predict further upside in Suzlon share price, advising investors to hold the energy scrip with a stop loss at ₹45 apiece, with potential levels of ...

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Image courtesy of "Zee Business"

Suzlon Energy hits a 52-week high after renewable energy firm ... (Zee Business)

The company reported its third-quarter results on Wednesday, reporting a 159 per cent rise in its consolidated profit and 7.17 per cent jump in revenue from ...

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