Suzlon Energy shares zoom 13.5% as Q4 net profit jumps 4-fold; chairman says firm clocks highest profitability in 10 years

In the opening deals, the stock jumped 13.57% to hit a high of ₹74.30 on the NSE.

It reported a consolidated net profit of ₹254 crore in the quarter ended March 2024, a BSE filing showed.

Its total income rose to ₹3,825.19 crore in the quarter from ₹2,207.43 crore logged a year ago.

During 2024-25, the consolidated net profit also rose to ₹2,072 crore from ₹660 crore registered in the previous financial year.

The total income in the fiscal increased to ₹10,993.13 crore from ₹6,567.51 crore in the year-ago period.

Commenting on the company's performance, Girish Tanti, Vice Chairman, Suzlon Group, said, "FY25’s performance sets the stage for Suzlon’s next phase of strategic evolution and market leadership. 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.

Tanti added, "India has also crossed a significant milestone by surpassing 50 GW of installed wind power capacity – a journey in which Suzlon has played a leading role. 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.”

In FY25, the company said it achieved record deliveries of 1.55 GW -- an impressive 118% year-on-year growth.

The contribution margin for the WTG (wind turbine generator) business expanded to 23%, a rise of 360 basis points, backed by our 4.5 GW manufacturing capacity. We added 10 new production lines for our S144 -- 3. X MW series, it said.

With over 5GW of firm orders, the S144 wind turbine has emerged as the company's top-performing product, contributing more than 1.25 GW in deliveries during FY25 alone.

It now represents 91% of the order book, underscoring the market’s strong demand for reliable, site-adaptive, and high-yield turbine technology.

Suzlon Group is a leading global renewable energy solutions provider, with approximately 21.1 GW of wind energy capacity installed across 17 countries.

Headquartered at Suzlon One Earth in Pune, India, the Group includes Suzlon Energy Limited and its subsidiaries.