Page 2 - Suzlon Energy Ltd News

Suzlon Q3FY26 result: Net profit rises 15% to ₹445 cr, revenue at ₹4,228 cr

Suzlon Energy on Thursday posted a nearly 15 per cent rise in its consolidated net profit to Rs 445 crore fot the December quarter mainly on the back of higher revenues. Its consolidated net profit was Rs 388 crore for the quarter ended December 31, 2024, a company statement said. Revenue from operations rose to Rs 4,228 crore from Rs 2,969 crore in the same period a year ago. In the third quarter, the company had a record orderbook of 6.4 GW with the highest-ever quarter deliveries at 617 MW while 2.4 GW execution is underway. Girish Tanti, Vice Chairman, Suzlon Group, said in the statement, "Key growth priorities under Suzlon 2.0 include launching DevCo as a standalone FDRE project development vertical, transforming OMS into a digital-first platform, setting up smart manufacturing facilities, and capitalising on global opportunities." As electric mobility gains traction, AI capacity expands, and industrial decarbonisation accelerates, the green transition is gaining significant

Suzlon Energy share price drops 5% as net profit declines QoQ in Q3FY26

Although Suzlon Energy shares later pared some of their losses, they continue to trade lower on the bourses

Suzlon Energy shares gain 3% on bagging 1st wind order from ArcelorMittal

The northward movement in Suzlon's stock followed the announcement that the company had secured the 248.85 MW wind energy order from ArcelorMittal

Suzlon appoints Paulo Fernando Soares as President of Europe business

Home-grown renewable energy solutions provider Suzlon Group on Monday said it has appointed Paulo Fernando Soares as President of its Europe business to accelerate growth in the region. Soares joins the company after a short stint at Sany Renewables in Europe, where he was serving as Managing Director, Suzlon said in a statement. The company said it is strengthening its global leadership structure to drive the next phase of international growth under its Suzlon 2.0 strategy. With four decades of experience in the wind industry, Soares will lead Suzlon's European operations with a mandate to develop regional capabilities, forge strategic partnerships, strengthen customer engagement, and drive market access across Europe. His track record includes leadership roles in business development, sales, and operations, it said. Soares' role will also encompass building a robust organisational framework to ensure long-term success across European markets, the statement said, adding that he h

Earnings revival to boost Indian equities in CY26; SBI, Infy top MOFSL bets

Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.