Suzlon Energy jumps 14 percent, extends 3-day gains to 25%
In its earnings call, group CEO JP Chalasani stated that the company's cumulative orders of 1,542 megawatts are the highest since 2019.07-06-2023
07-06-2023
SUZLON ENERGY LTD. - 532667 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Call on Q4 and FY 23 Results06-06-2023
SUZLON ENERGY LTD. - 532667 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Suzlon becomes first Indian wind energy company to reach 20 GW of worldwide Wind Energy installations05-06-2023
Cannes 2023: How Suzlon, COVID menstrual taboo served this Kolkata boy a female story
On FTII alumnus Yudhajit Basu's Marathi diploma short film Nehemich', which was India's only official entry in competition, in La Cinef, at 76th Cannes Film Festival, and how Turkish auteur Nuri Bilge Ceylan shaped the young filmmaker.04-06-2023
SUZLON ENERGY LTD. - 532667 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is to inform that the audio recording of the conference call held on 1st June 2023 has been uploaded on the website of the Company and available at the following web link: https://www.suzlon.com/NewPdf/Financial_Reports_&_Presentations/2022-23/EMK0320230601147247.mp302-06-2023
SUZLON ENERGY LTD. - 532667 - Outcome Of The Adjourned Board Meeting
Outcome of the adjourned Board Meeting31-05-2023
Suzlon Energy shares jump 9% after on the back of strong Q4 numbers
The wind energy solutions provider posted a consolidated net profit of Rs 320 crore for the quarter ended March quarter on the back of lower expenses.31-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Suzlon Energy Ltd.
Heavy Electrical Equipment company Suzlon Energy announced Q4FY23 & FY23 results: Revenue of Rs 5,947 crore in FY23; Rs 1,690 crore in Q4FY23 EBITDA of Rs 832 crore in FY23; Rs 233 crore in Q4FY23 PAT before exceptional items of Rs 167 crore in FY23; Rs 68 crore in Q4FY23 Cumulative Orders of 1,542 MW as of 30th May 2023 Current Net Debt at Rs 1,180 crore – ~80% YoY reduction Net worth positive after a decade at Rs 1,099 crore Successful Rights Issue of Rs 1,200 crore -1.8 times oversubscribed Successful launch of the powerful 3 MW series wind turbine technology platform to an overwhelming response from the market Girish Tanti, Vice Chairman, Suzlon Group, said, “It is heartening that our efforts to strengthen the organization and position it strongly in time to meet increasing market demand have been successful. As evident from these results we have closed FY23 with a strong financial performance and the successful launch of our powerful 3 MW technology platform. Our key strategic initiatives remain on track to fuel the long-term growth of the company. With a slew of encouraging policy initiatives from the government in 2023, the sector now has much-needed needed visibility, providing momentum for industries to kick-start their journey to net zero, thereby driving balanced and viable growth of the sector. As we embark on a revitalised growth journey, we would like to express our deepest gratitude to all our stakeholders for standing by us during challenging times and look forward to strengthening our relationship further in the next phase of growth for the Group.” JP Chalasani, Chief Executive Officer, Suzlon Group said, “FY23 has been a year of demonstration and consolidation for Suzlon. We have addressed our challenges comprehensively over the last three years and FY23 was a year where the results were there for all to see. We reduced our net debt by more than 90% percent over the last three years to address our capital structure issues while responding to the market requirement of a larger wind turbine through our 144 — 3 MW series technology platform. Today we have cumulative orders of 1,542 MW which is the highest since 2019 and includes the order book as on March 31, 2023, of 652 MW plus orders secured subsequently of 890 MW. Out of this 780 MW is for our new 3 MW series demonstrating the immense trust that our customers have in Suzlon’s expertise and product technology. We have worked tirelessly and successfully to strengthen every aspect of the company in line with the vision defined by our late CMD Shri. Tulsi Tanti, setting up the company strongly to leverage the tailwinds of the sector from a position of strength.” Result PDF30-05-2023
SUZLON ENERGY LTD. - 532667 - Disclosure Under Regulation 23(9) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The 'Listing Regulations').
Pursuant to the Regulation 23(9) of the Listing Regulations, enclosed please find the disclosure of Related Party Transactions in the format specified by SEBI for the financial year ended 31st March 2023.30-05-2023
SUZLON ENERGY LTD. - 532667 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Suzlon announces Q4 and FY23 Results / Call on Q4 and FY 23 Results.30-05-2023