Suzlon Energy reports Q3 revenue growth but stock declines
after close1 source ↓written by the desknot a recommendation
- YoY
- 42.4% revenue growth
- YoY
- ₹4,228.1 cr
- Net profit rose
- 14.8%
- ₹445.2 cr
- while EBITDA increased
- 48%
Shares of Suzlon Energy Ltd. fell over 4% after reporting 42.4% revenue growth YoY to ₹4,228.1 cr. Net profit rose 14.8% to ₹445.2 cr, while EBITDA increased 48% to ₹730.5 cr. Despite a record order book of 6.4 GW, market reaction was negative, indicating potential profit-taking by investors.
Not investment advice. For informational purposes only.