Renewable energy company Suzalon Energy Limited is set to declare its financial details for the third quarter of the current financial year next week. The company confirmed the date for announcing its third quarter income in an exchange filing earlier this week.
Corporate in 1995, Suzlon Energy is a pioneer in the field of wind energy in India. More than 13,060 wind turbines are installed in six continents of the company. It operates through 14 manufacturing units in India.
The company also has a strong presence in the solar energy sector. The current market capitalization of Suzlon Energy Limited is around Rs 71,500 crore.
What you need to know about the third quarter results of Suzlon Energy is here.
Suzlon Energy Q3 Results: Date and Time
Suzlon Energy said in an exchange filing on 21 January that his board will meet on January 28 to consider and approve the financial details of the quarter ended December 31, 2024.
“It is reported that a meeting of the board of directors of the company will be held on Tuesday, January 28, 2025, among other things, the company’s composed financial results will be considered and approved on the standalone and consolidated basis for the quarter. Nine months ended on 31 December 2024, ”The notification was read.
The trading window for transactions in the company’s securities by the nominated people and their immediate family members, which was closed on January 1, will be opened 48 hours after the result announcement.
Suzlon Energy Q3 Results: Income Call
JP Chalsani, Chief Executive Officer of Suzlon Energy, will discuss the results of the third quarter with analysts and investors at 5:30 pm on Tuesday evening with the group’s Chief Financial Officer Himanshu Modi.
Suzalon Energy Share Price History
Suzlon Energy Limited’s shares have declined by more than 7% in the last five trading sessions, while there has been a decline of 17.97% in a month. On a year-on-year basis, stock has declined by about 20%. In contrast, Suzlon Energy shares have increased by more than 22% last year.
Suzlon Energy Q2 Results
Suzalon Energy recorded a rapid growth of 48% in its revenue in the second quarter, which is Rs 2,103.38 crore, compared to Rs 1,421 crore in a year ago. In the same quarter of FY 24, the net profit increased by more than 96% to Rs 102.29 crore to Rs 200.6 crore.
Ebita rose 31% to Rs 294.18 crore in the second quarter, which was Rs 225.04 crore in the same quarter of the previous financial year.
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