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Suzlon Energy reports 81% rise in Q2 consolidated net profit

03 Nov 2023 Evaluate

Suzlon Energy has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported net loss at Rs 5.36 crore for Q2FY24 as compared to net profit of Rs 4.40 crore for the same quarter in the previous year. Total income of the company decreased by 14.50% at Rs 811.54 crore for Q2FY24 as compared Rs 949.19 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 81.14% rise in its net profit at Rs 102.29 crore for the quarter under review as compared to Rs 56.47 crore for the same quarter in the previous year. However, total income of the company decreased by 0.96% at Rs 1,428.69 crore for Q2FY24 as compared Rs 1,442.58 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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