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Suzlon Q2 results: Net profit jumps to Rs 201 cr, income at Rs 2,121 cr

Business Standard LogoBusiness Standard8h ago

Suzlon Q2 results: Net profit jumps to Rs 201 cr, income at Rs 2,121 cr - Business Standard

Quick Summary:

Renewable energy solutions provider Suzlon's consolidated net profit almost doubled to Rs 201 crore in the September quarter compared to the year-ago period.

Himanshu Mody, Chief Financial Officer of Suzlon Group, said, "In a relatively challenging environment due to prolonged heavy monsoons, we have been able to deliver consistent growth with robust margins and 96 per cent YoY profit.

The company reported a consolidated net profit of Rs 102 crore in the quarter ended on September 30, 2023, a statement said.


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Category: BusinessFinance

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-10-28 @ 18:29:17 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 259 words

Reading Time: 2 minutes read

Sentences: 10 lines

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Copyright Owner: © Business Standard

News ID: 23287046

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