Suzlon Energy’s stock price continued its upward trajectory for the third consecutive day hitting a 5% upper circuit at ₹58.15 per share on Friday, January 31, 2025.
Over the past three sessions, the stock has gained 16%, driven by impressive Q3FY25 earnings, bolstered by robust operational performance.
Suzlon Energy recorded a 90.6% surge in net profit, reaching ₹386.9 crore compared to ₹203 crore in Q3FY24.
The company’s revenue skyrocketed by 91.2% year-on-year (YoY) to ₹2,968.8 crore from ₹1,552.9 crore in the previous year’s corresponding quarter. Operationally, EBITDA more than doubled, increasing 105.6% YoY to ₹493.5 crore from ₹240.1 crore. Additionally, EBITDA margins expanded by 110 basis points, reaching 16.6% in Q3FY25 versus 15.5% in Q3FY24.
As of the last update at 10:59 AM IST, Suzlon Energy’s share price stood at ₹58.17, up 5%, locked in the upper circuit. The stock’s day range fluctuated between ₹56.55 and ₹58.17, while its 52-week range spans from ₹35.49 to ₹86.04.
Analysts at JM Financial attributed Suzlon’s revenue surge to an increase in deliveries, which jumped 163% YoY. They highlighted the company’s expanded manufacturing capacity of 4.5 GW, along with major orders from NTPC, Torrent Power, and Jindal Renewables, ensuring strong future execution.
Suzlon Energy specializes in renewable energy solutions, particularly in manufacturing wind turbine generators (WTGs) and associated components. According to BSE data, the company’s market capitalization stands at ₹79,360.67 crore, placing it within the BSE 100 index.
As of 11:22 AM, Suzlon Energy remained at ₹58.15, locked in the 5% upper circuit, while the BSE Sensex traded 0.67% higher at 77,275.98 points.
