Suzlon Energy Ltd on Thursday released its fiscal fourth quarter earnings report with profit at Rs 1,180.98 crore. This was 364.73 per cent higher in comparison to Rs 254.12 crore recorded during the corresponding quarter of FY24. The profit for the quarter in review was boosted by deferred tax-gain of Rs 600 crore. The company recorded revenue from operations at Rs 3,773.54 crore, posting a growth of 73.16 per cent as against Rs 2,179.20 crore reported during the fourth quarter of previous financial year. The company EBITDA stood at Rs 677 crore.
For the full year, Suzlon Energy reported a profit of Rs 2,071.63 crore, posting a jump of 213.72 per cent in comparison to Rs 660.35 crore recorded during the previous financial year. The company recorded FY25 revenue growth of 67 per cent at Rs 10,851 crore. The company EBITDA for the financial year 2024-25 stood at Rs 1,857 crore, up 81 per cent. The renewable energy firm posted a 118 per cent increase in deliveries to 1,550 MW from 710 MW.
Girish Tanti, Vice Chairman, Suzlon Group, said, “Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes of our disciplined business transformation and sharp operational focus. As we advance towards the 100 GW target by 2030, India will most certainly shape the global narrative on clean energy leadership and climate action.”
JP Chalasani, Chief Executive Officer, Suzlon Group, said, “With our highest-ever firm order book of 5.6 GW, we have long-term visibility and the capacity to scale and support future growth.”
Performance across key businesses
Wind Turbine Generator (WTG): In FY25, the company achieved record deliveries of 1.55 GW, up 118 per cent year-on-year. The contribution margin for the WTG business expanded to 23 per cent, a rise of 360 basis points, backed by its 4.5 GW manufacturing capacity.
OMS: Suzlon’s OMS (Operations and Maintenance Services) business is currently managing a robust 15 GW of installed wind energy capacity across India, representing over $10 billion in renewable energy assets under management.
