Suzlon Reports 160% YoY Profit Surge

02 Feb 2024 CW Team

Renewable energy player Suzlon Energy has reported a substantial 160% year-on-year (YoY) increase in profits for the third quarter. The positive financial performance reflects Suzlon's resilience and effectiveness in navigating the dynamic renewable energy landscape.

In the Q3 earnings report, Suzlon highlighted significant growth in profits, showcasing the company's ability to capitalize on opportunities within the renewable energy sector. The surge in profits underscores Suzlon's strategic positioning and operational excellence, contributing to its positive financial outlook.

Suzlon's noteworthy performance comes amidst the backdrop of a rapidly evolving renewable energy market, where companies are continually adapting to changing dynamics and market demands. The YoY profit growth reinforces Suzlon's commitment to sustainable energy solutions and its capacity to thrive in a competitive and dynamic industry.

The surge in profits is likely attributed to factors such as increased demand for renewable energy solutions, successful project execution, and effective cost management. Suzlon's ability to deliver strong financial results in the third quarter positions the company as a key player in the renewable energy sector, contributing to India's broader goals of achieving a sustainable and greener energy landscape.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..