Suzlon Energy Limited — Important, 28-01-2025: Financial Result Updates

**Consolidated Financial Summary**

Suzlon Energy Limited has reported strong results for Q3 FY25, showcasing a significant turnaround fueled by a solid demand for renewable energy solutions. The consolidated revenue surged to ₹2,969 crore, reflecting a 91% year-over-year (YoY) increase compared to ₹1,553 crore in Q3 FY24, and a 42% increase from ₹2,093 crore in Q2 FY25. This growth is primarily driven by record quarterly deliveries of 447 MW and strong order book contributions, particularly in the Commercial & Industrial (C&I) and Public Sector Undertaking (PSU) segments.

Net profit after tax stood at ₹388 crore, up from ₹203 crore in Q3 FY24, translating to an Earnings Per Share (EPS) of ₹0.28. The company’s focus on cost management resulted in EBITDA of ₹500 crore, yielding an EBITDA margin of 16.8%, compared to 15.9% YoY.

Operationally, costs have been effectively managed, with total expenses recorded at ₹2,611 crore, marking a well-controlled rise given the strong revenue boost. Additionally, the balance sheet reflects improved financial health, with a net cash position of ₹1,107 crore as of December 31, 2024.

Strategically, Suzlon aims to build operational capacity and enhance market penetration, as evidenced by an order book of 5.5 GW. The company’s substantial investments in manufacturing capabilities signal confidence in future growth.

**Investor Insight:** Given the robust revenue growth, strong profitability, and market positioning, consider a buy for retail investors capitalizing on the renewable segment's momentum.