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#Suzlon #SuzlonEnergy #SuzlonQ4 #GreenEnergy #SuzlonStock #SuzlonFY25Outlook
Suzlon Energy has reported a 9 percent decline in consolidated net profit, amounting to Rs 254 crore for the quarter ending March 31, 2024, compared to Rs 280 crore in the same period the previous year. Despite this, the company's revenue from operations saw a significant 30 percent increase, rising to Rs 2,179 crore from Rs 1,689 crore year-over-year. For the March quarter, Suzlon's EBITDA surged by 54 percent year-on-year to Rs 357.2 crore, with the margin expanding by 260 basis points to 16.3 percent from 13.7 percent the previous year. The company also highlighted in its earnings presentation that it closed FY2024 with its largest-ever order book of 3.3 GW, including a repeat order of 402 MW from Juniper Green Energy. Business Today TV's Sakshi Batra speaks to Suzlon Energy's CFO, Himanshu Mody, Q4 earnings, green energy projects, and the outlook for FY25.
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