Research ReportsSuzlon Energy Q4 Review: ICICI Securities Maintains 'Buy' On Strong Order Inflows, Execution
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Suzlon Energy Q4 Review: ICICI Securities Maintains 'Buy' On Strong Order Inflows, Execution
Outlook for the near to medium-term remains strong and Suzlon is poised well to cash-in on the opportunity with its 4.5GW capacity, says ICICI Securities
Suzlon Energy reported revenues of Rs 38 billion (+73% YoY) led by WTG segment for which revenue doubled YoY to Rs 31.4 billion. (Photo source: Suzlon Energy website)
Suzlon Energy reported revenues of Rs 38 billion (+73% YoY) led by WTG segment for which revenue doubled YoY to Rs 31.4 billion. Ebitda for the quarter was Rs 7 billion (+94% YoY) with Ebitda margin of 18.3% (+200bps YoY).