Friday, December 27, 2024
HomeEconomySuzlon Energy's profit rises 96% to ₹201 crore: Revenue at ₹2,093 crore in July-September...

Suzlon Energy's profit rises 96% to ₹201 crore: Revenue at ₹2,093 crore in July-September quarter; Shares rose 125% in one year

Suzlon Energy has made a net profit (consolidated net profit) of Rs 201 crore in the second quarter of the financial year 2024-25. It has increased by 96% on annual basis. The company had made a profit of Rs 102 crore in the same quarter a year ago.

Talking about operational revenue, it stood at Rs 2,093 crore in the July-September quarter. There has been an increase of 47.70% on annual basis. In the second quarter of the financial year 2023-24, the company had generated a revenue of Rs 1,417 crore.

Suzlon Energy's profit rises 96% in Q2 FY25

on an annual basis

Suzlon Energy FY25 (July-September) FY24 (July-September) Change (%)
operational revenue ₹2,093 ₹1,417 47.71%
other operating income ₹10 ₹4 150%
other income ₹18 ₹7 157.14%
total income ₹2,121 ₹1,429 48.43%
total expenses ₹1,920 ₹1,291 48.72%
tax expense ₹202 ₹102 98%
net profit ₹201 ₹102 97%

on quarterly basis

Suzlon Energy FY25 (July-September) FY25 (April-June) Change (%)
operational revenue ₹2,093 ₹2,016 3.82%
other operating income ₹10 ₹6 67%
other income ₹18 ₹23 -21.74%
total income ₹2,121 ₹2,044 3.77%
total expenses ₹1,920 ₹1,742 10.22%
tax expense ₹202 ₹302 -33.11%
net profit ₹201 ₹302 ,33.44%

Note – Figures in crores of rupees…Note: Results are consolidated.

Standalone means – performance of a single unit Standalone financial statements (results) present the financial performance, position and cash flows of an individual company. It does not include the results of its subsidiaries. The results of companies come in two parts – standalone and consolidated.

See also  Former English cricketer commits suicide due to clinical depression: Robin Uthappa also shares, know what this pain is and its symptoms, how to prevent it

Today Suzlon shares rose by 5.22% Shares of Suzlon Energy rose 5.22% today i.e. Monday (28 October) and closed at Rs 70.99. The company's stock has fallen 11.32% in the last one month.

Whereas in the last six months it has given positive returns of 70.65%, in one year it has given 125.01% and this year i.e. from January 1 till now it has given positive returns of 84.39%. The market cap of the company is Rs 96,740 crore.

Shares of Suzlon Energy rose 5.22% today i.e. Monday (28 October) and closed at Rs 70.99.

Graphics Source: VaskarAssets

Frontpage Insights
Frontpage Insightshttps://frontpageinsights.online
At Frontpage Insights, we understand that staying informed is essential in today’s fast-paced world. That’s why we are committed to bringing you news that matters, with a focus on delivering breaking news, in-depth analyses, and insightful commentary on a wide range of topics. Our diverse coverage spans categories such as WORLD, TOP STORIES, ECONOMY, BUSINESS, SCIENCE, HEALTH, SPORTS, LIFESTYLE, and ENTERTAINMENT, ensuring that our readers have access to a well-rounded perspective on global events.

Similar Articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Discover more from Frontpage Insights

Subscribe now to keep reading and get access to the full archive.

Continue reading