Suzlon Energy Q3 Results 2024 Fiscal Period: Earnings, Net Profit, Sales Report

Suzlon Energy Q3 results 2024 are about to be released. The profit had increased in the last quarter by more than 50%. We will have details about Suzlon Energy Q3 results 2024 Fiscal Period’s. The company has zero debt till now. It is working on several cost-cutting techniques leading to profits. The stocks have shown a downfall in the last five days. Everyone is curious about the NSE-registered Suzlon Energy Q3 results FY24. Let us have a detailed analysis below.

Suzlon Energy Q3 Results 2024

Suzlon Energy Q3 Results 2024 Earnings, Net Profit, Sales Report And 225 MW Wind Energy Project

Suzlon Energy Q3 results 2024 will be announced soon by the company. The stocks’ last five days’ performance has been downward sloping. Suzlon focused on wind projects in 2023. The year they observed a fall in debt. The balance sheet was also strong for the recent quarter. Suzlon’s PAT (Profit After Tax) was ₹78 crores. The company will be looking forward to improving its stability every year.

Suzlon Group has confirmed its order with Everrenew Energy as they provide renewable energy solutions. The company has done the deal for 225 MW of wind energy. The order will set up 75 wind turbine generators with a Hybrid Lattice Tubular Tower. It will also include a rated capacity of 3 MW each at Everrenew Energy’s sites at Vengaimandalam. Everrenew Energy mentions it as a great deal to partner with Suzlon. They trust the company’s quality and service. Suzlon will handle all the installation processes and other related services during the setup. It will contribute to the growth of our economy as well.  

The last quarter, Q2 of FY 2024, also gave a productive performance. It generated a net cash of ₹599. They continuously show improvement in their debt management. The company’s quarterly results show a decreasing net loss. The Q2 has an EBITDA Margin of 15.8%.

Suzlon Q3 expects a further reduction of quarterly finance costs. Q3 2024 might surge high and cross the FY 2024 Q2 results. Everyone is eagerly looking for the Q3 release date. The company deals in Wind energy production. It generated ₹138 crores in Q2 with a YOY of 107.5% growth. The customers have shown more demand and likelihood for the product. Suzlon’s share price is currently ₹35.65. It is predicted to move upwards soon. It has fallen by around 5% today. The market will open tomorrow 20 December 2023 showing the shares’ upcoming performance.

Suzlon Energy’s release date has yet to be announced. We will update you as soon as the company puts its further results. Suzlon Energt’s Q3 will be released in the first week of January. We will share more details about Suzlon’s Energy technique Soon. The company invested its time and efforts continuously to perform its best. Q3 has high expectations to beat last year’s revenue. The company has grown a lot in the previous years. Suzlon Energy has cut down several costs. The Q3 balance sheet is expected to be healthier. We hope you know enough about Suzlon Energy’s Q3 net profit and results.

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