+
Suzlon Group's Q1 PAT reaches Rs 3.02 billion
POWER & RENEWABLE ENERGY

Suzlon Group's Q1 PAT reaches Rs 3.02 billion

Suzlon Group announced that its profit after tax (PAT) nearly tripled to Rs 3.02 billion for the June quarter, driven by increased revenues. This marks a significant rise from the Rs 1.01 billion PAT recorded in the same period last year, according to the company's statement.

The company's revenues also saw a substantial increase, rising to Rs 20.16 billion from Rs 13.48 billion in the year-ago quarter. "Our largest-ever order book of 3.8 GW gives us great visibility for the future," stated Girish Tanti, Vice Chairman, Suzlon Group.

As of June 30, 2024, the company had a net cash position of Rs 11.97 billion. Pune-based Suzlon Group, a leading global renewable energy solutions provider, has installed 20.8 GW of wind energy capacity across 17 countries.

In the first quarter of FY25, Suzlon delivered 274 MW of wind turbine equipment, compared to 135 MW in the April-June period of 2023.

(Source:ET)

Suzlon Group announced that its profit after tax (PAT) nearly tripled to Rs 3.02 billion for the June quarter, driven by increased revenues. This marks a significant rise from the Rs 1.01 billion PAT recorded in the same period last year, according to the company's statement. The company's revenues also saw a substantial increase, rising to Rs 20.16 billion from Rs 13.48 billion in the year-ago quarter. Our largest-ever order book of 3.8 GW gives us great visibility for the future, stated Girish Tanti, Vice Chairman, Suzlon Group. As of June 30, 2024, the company had a net cash position of Rs 11.97 billion. Pune-based Suzlon Group, a leading global renewable energy solutions provider, has installed 20.8 GW of wind energy capacity across 17 countries. In the first quarter of FY25, Suzlon delivered 274 MW of wind turbine equipment, compared to 135 MW in the April-June period of 2023. (Source:ET)

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?