Suzlon Energy Q4 Results: Profit Up Nearly Fivefold On Strong Revenue, Margin Boost
For the whole fiscal, Suzlon Energy's profit rose to Rs 2,072 crore from Rs 660 crore in FY24.
Suzlon Energy Ltd. reported a nearly fivefold surge in its fourth-quarter net profit, majorly due to a deferred tax credit but also driven by solid revenue and operating income growth.
Consolidated net profit surged 365% to Rs 1,182 crore in the January-March quarter, compared to Rs 254 crore in the corresponding period last year, according to financial results released on Thursday.
Notably, the company had a deferred tax credit of Rs 600 crore in the current quarter.
Revenue from operations jumped 73% while earnings before interest, tax, depreciation and amortisation — a measure of core corporate profitability — more than doubled.
For the whole fiscal, Suzlon Energy's profit rose to Rs 2,072 crore from Rs 660 crore in FY24.
Suzlon Energy Q4 FY25 Highlights (Consolidated, YoY)
Revenue up 73% to Rs 3,790 crore versus Rs 2,196 crore (Bloomberg estimate: Rs 3,842 crore).
Ebitda up 104% to Rs 724 crore versus Rs 355 crore (Bloomberg estimate: Rs 267 crore).
Margin at 19.1% versus 16.2% (Bloomberg estimate: 21.9%).
Net profit up 365% to Rs 1,182 crore versus Rs 254 crore (Bloomberg estimate: Rs 456 crore).
Suzlon Energy's order book stands at 5.6 GW, which provides long-term visibility and the capacity to scale and support future growth, Chief Executive Officer JP Chalasani said.
Deliveries jumped 110% year-on-year in the fourth quarter to reach a record 573 MW, according to a press release. In FY25, Suzlon achieved record deliveries of 1.55 GW—a 118% year-on-year growth. The contribution margin for the wind turbine generator business expanded to 23%, backed by 4.5 GW manufacturing capacity.
The company's locally designed and manufactured flagship product S144 wind turbine order book surpassed 5 GW and represents 91% of the total order book.
Suzlon's Operations and Maintenance Services business managed 15 GW of installed wind energy capacity across India, representing over $10 billion in renewable energy assets under management.
Shares settled 1.37% lower at Rs 65.42 apiece on the BSE ahead of the results, compared to a 0.4% gain in the benchmark Sensex. The stock has risen 42% in the last 12 months but has been flat so far this year.
