Suzlon Energy Q1 Results Revenue Jumps ₹670.61 Crores YoY

Suzlon Energy Q1 Results” Suzlon Energy's Q1 results for June 2024 show positive growth when compared year-over-year (YoY) to the same quarter last year. The Total Revenue reached ₹2,021.59 crores, which is a significant increase from ₹1,350.98 crores in June 2023. This YoY growth indicates that Suzlon Energy is performing much better now. However, when comparing quarter-on-quarter (QoQ) with the previous quarter (March 2023), there is a slight decline from ₹1,694.08 crores. The Operating Income also saw an increase YoY, rising from ₹160.52 crores in June 2023 to ₹321.51 crores in June 2024. 

Suzlon Energy table shows a strong year-over-year (YoY) improvement, even though the QoQ figure decreased from ₹404.37 crores in March 2023. The Net Income of ₹302.29 crores for this quarter is also better than the ₹100.90 crores recorded a year ago, showcasing significant year-over-year (YoY) growth. However, the QoQ figure was slightly higher at ₹279.89 crores in March 2023. Overall, while the company has made impressive YoY gains, there were some fluctuations when comparing the most recent quarter with the previous one.

Here are the Q1 results for Suzlon Energy presented in a simple format:

(Rs. in crores)

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Suzlon Energy Q1 Results

Suzlon Energy's financial results table shows the company’s performance for the period ending June 30, 2024. In this period, the total income of Suzlon Energy was ₹2,044.35 crores. This includes ₹2,015.98 crores from operations, which is a decrease compared to ₹2,179.20 crores from the same period in 2023. The company also earned ₹22.76 crores from other income. However, the total expenses for the company were ₹1,741.87 crores, which is lower than ₹1,927.49 crores in the previous year. The main costs included raw materials, employee benefits, finance costs, and other expenses.

Suzlon Energy After deducting expenses, Suzlon Energy made a profit before tax of ₹302.48 crores, which is an increase from ₹27.07 crores in the same quarter last year. The net profit after tax for the period was ₹302.29 crores, up from ₹254.12 crores in 2023. The earnings per share (EPS), which shows how much money each share of the company earns, was ₹0.22 for this period, compared to ₹0.19 last year. Overall, these results indicate that Suzlon Energy is improving its profitability and reducing costs, which is a positive sign for the company's financial health.

Here is the financial data you provided, organized in a clear table format:

(Rs. in Lakhs)

Suzlon Energy Financial Metrics

Suzlon Energy table shows important financial details. The Market Cap of ₹ 1,01,063 Cr means this is the total value of all its shares combined. The Current Price of ₹ 74.7 is how much one share costs right now. The High / Low prices indicate that shares have traded between ₹ 86.0 (highest) and ₹ 26.2 (lowest) in the past. The Stock P/E ratio of 109 means investors are paying ₹ 109 for every ₹ 1 of earnings, which is high. The Book Value of ₹ 2.91 is the value of each share if the company liquidates. 

Here’s the information you provided in a clear table format:

Quarterly Results 

Suzlon Energy table shows the financial performance for the last three quarters: December 2023, March 2024, and June 2024. In December 2023, Suzlon's sales were Rs. 1,560 crores, and expenses were Rs. 1,313 crores, leading to an operating profit of Rs. 248 crores. By March 2024, sales increased to Rs. 2,196 crores, and expenses rose to Rs. 1,839 crores, resulting in a higher operating profit of Rs. 357 crores. In June 2024, sales slightly decreased to Rs. 2,022 crores, but the operating profit continued to rise to Rs. 370 crores. 

Here’s the quarterly financial summary for Dec 2023, Mar 2024, and Jun 2024 with the relevant particulars:

(Consolidated Figures in Rs. Crores)

About Suzlon Energy 

Suzlon Energy is a top company that provides renewable energy solutions. It works in 17 countries around the world, including places in Asia, Australia, Europe, Africa, and the Americas. Suzlon focuses on making the world greener by using wind and solar power. With over 20 years of experience, the company creates reliable products that help customers get the most energy and profit from their investments. The main office, called One Earth, is located in Pune, India, and is known for being very eco-friendly. Suzlon believes in sustainable development, which means they want to protect the environment and help communities grow.

Suzlon Energy are dedicated to finding new technologies to improve energy sources and have received many awards for their work. With strong leadership, Suzlon Energy aims to be a leader in the renewable energy industry and make a positive impact on the planet.