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.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..