Suzlon Energy reports a 96% profit rise in Q2, driven by record order wins and robust revenue growth.
Suzlon's order inflow reaches ~1.6 GW, boosting its all-time high order book to 5.1 GW, ensuring strong revenue visibility.
Suzlon's Q2 execution at 254 MW fell short of estimates due to monsoon impact, says Market Analysts.
Suzlon posted a 48% revenue rise to ₹2,093 Cr and 96% profit jump, with improved operational margins this quarter.
Suzlon's EBITDA rose 31% to ₹294 Cr, while EBITDA margin slipped to 14.1% due to one-off expenses.
Vice Chairman Girish Tanti highlights Suzlon’s focus on new renewable opportunities with global consulting support.
Suzlon shares rose to ₹72, up by 1.6% at 9:30 AM, after Q2 earnings results reflecting positive market sentiment.