Suzlon Q1FY24 Results: Consolidated PAT of Rs. 100.90 Cr

Suzlon Energy shares surge 3% after winning wind power project

Suzlon Q1 results show revenue fell from 1699.96 crores to 1361.68 crores, a -19.90% decrease in growth. EPS down from ₹0.24 to ₹0.08, down by -66.67%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Suzlon shared its Q1 results on Tuesday. They earned 1361.68 crores in revenue this quarter, but that’s less than the 1699.96 crores they made last quarter. Unfortunately, the company’s growth decreased by -19.90 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 100.90 crores, down from 279.89 crores in the previous quarter. Their quarter-to-quarter growth decreased by -63.95 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹0.08, which is a decrease of -66.67% from the ₹0.24 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 1361.68 crores this year (2023), which is -1.58 percent lower than last year’s total revenue of 1383.47 crores.

This year’s PAT (Profit After Tax) is 100.90 crores, which is also -58.53% lower than last year’s PAT of 243.333 crores.

The EPS (Earnings Per Share) for this year is ₹0.08, which is -96.64% less than the EPS of ₹2.38 earned last year.

Also Read: TVS Holdings Q1FY24 Results: Consolidated PAT of Rs. 196.44 Cr

Suzlon Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Suzlon:

Suzlon, a leading company in the wind energy sector, operates in 17 countries worldwide. With a remarkable presence on six continents, they have installed over 12,510 wind turbines. The company’s manufacturing units in India are known for their exceptional quality and innovation, making their wind energy solutions highly sought after for their competitive edge.

Download the Full PDF of Suzlon Q1 Results: Click Here

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