Suzlon Energy Ltd's Q3FY25 Quarterly Results

Result Summary

• Suzlon Energy Ltd reported a 41.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 91.3%.
• Its expenses for the quarter were up by 36.0% QoQ and 91.1% YoY.
• The net profit increased 93.3% QoQ and increased 91.0% YoY.
• The earnings per share (EPS) of Suzlon Energy Ltd stood at 0.3 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Suzlon Energy Ltd is a global renewable energy solutions provider and is primarily engaged in the business of manufacturing and selling wind turbine generators and related components. The company operates in the renewable energy sector, focusing on wind energy solutions. Suzlon is known for its integrated services, ranging from design and development to installation and maintenance of wind energy projects. As a major player in the wind energy industry, Suzlon has a significant presence in India and has expanded its operations globally. Recent major developments in the company include strategic initiatives to enhance its product offerings and expand its market share in the renewable energy sector. However, specific recent events or corporate announcements are not available in the current dataset.

Revenue

In Q3FY25, Suzlon Energy Ltd reported a total income of ₹3002.36 crores, which marks a substantial increase both on a quarter-over-quarter (QoQ) basis by 41.5% from ₹2121.23 crores in Q2FY25 and on a year-over-year (YoY) basis by 91.3% from ₹1569.71 crores in Q3FY24. The robust growth in revenue reflects the company's improved sales performance and operational scale-up over the past year. The considerable YoY growth suggests a strong upward trend in the company's ability to generate income, which may be attributed to its enhanced market presence and strategic business operations in the renewable energy space.

Profitability

Suzlon Energy Ltd's profitability metrics for Q3FY25 indicate a notable improvement in financial performance. The company achieved a profit before tax of ₹391.33 crores, which represents a 94.1% growth QoQ from ₹201.58 crores in Q2FY25 and a 92.7% increase YoY from ₹203.13 crores in Q3FY24. After accounting for tax expenses, the profit after tax stood at ₹387.76 crores, reflecting a significant rise of 93.3% QoQ and 91.0% YoY. The earnings per share (EPS) rose from ₹0.10 in both Q2FY25 and Q3FY24 to ₹0.30 in Q3FY25, showing a 200% increase both QoQ and YoY. The steep rise in EPS is indicative of the company's enhanced profitability per share over the analyzed periods.

Operating Metrics

The operating expenses of Suzlon Energy Ltd in Q3FY25 were reported at ₹2611.03 crores, which indicates a 36.0% increase from ₹1919.65 crores in Q2FY25 and a 91.1% rise from ₹1366.58 crores in Q3FY24. This significant increase in total expenses is aligned with the company's revenue growth, suggesting a proportional scale-up in operational activities. The tax expense for Q3FY25 was ₹3.57 crores, marking a substantial rise of 264.3% QoQ from ₹0.98 crores and 3866.7% YoY from ₹0.09 crores. Despite the increase in tax expenses, the company maintained a strong profit margin, as reflected by the high profitability figures. This data highlights Suzlon's operational efficiency and ability to manage its expenses relative to its income growth.