SUZLON ENERGY LTD. - 532667 - Closure of Trading Window
Closure of Trading Window30-12-2022
SUZLON ENERGY LTD. - 532667 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Intimation of Postal Ballot Process initiated by the Company for obtaining approval of the shareholders for various matters.06-12-2022
Suzlon Energy To Seek Stockholders' Approval For Top Brass Appointments
These appointments appear to be part of the process for succession plan after demise of its founder, Chairman and Managing Director Tulsi Tanti on October 1, 2022.05-12-2022
SUZLON ENERGY LTD. - 532667 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Postal Ballot Intimation05-12-2022
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 half year ended 30th September 2022.24-11-2022
SUZLON ENERGY LTD. - 532667 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Q2 FY '23 Earnings Conference Call Transcript16-11-2022
Q2FY23 Quarterly Result Announced for Suzlon Energy Ltd.
Heavy electronic Equipment Suzlon Energy announced Q2FY23 results: Q2FY23: Revenue of Rs 1,430 crore in Q2FY23 (YoY growth of ~6.2%) EBITDA (pre-Fx) of Rs 208 crore in Q2FY23 and EBITDA margins (pre-Fx) of 14.5%, YoY EBITDA (pre-Fx) growth of ~8.3% PAT of Rs 56 crore in Q2FY23 Girish Tanti, Vice-Chairman, Suzlon Group, said, “India has recorded an installation of 164.9GW* of renewable energy as on September 30, 2022, reflecting a healthy recovery of the sector despite the disruptions of the pandemic and the disastrous impact of the global geo-political situations on the supply chain and commodity prices. The environment of positive policy initiatives continues, and we believe that given the commitment and will of the Indian government, the country could very well achieve 500GW of renewable energy installations by 2030. As industry leaders we are fully equipped to leverage the tailwinds of the sector from a position of strength as demonstrated by our successful rights issue, consistently improving performance, a strong order book and our relentless debt reduction endeavours.” Ashwani Kumar, Chief Executive Officer, Suzlon Group, said, “We have closed a very satisfying Q2 despite various challenges. While we continue to show improvement in our performance, the highlight for us has been the order intake in recent months. The confidence that our customers have reposed in us has always been our driving force. In line with our commercialisation plans, we recently dispatched the first set of blades of our newly launched larger turbines in the 3MW to 3.15MW series customised for Indian wind conditions with a rotor diameter of 144mts and an increased generation of ~45% over the S120. While our order book stood at 759MW as on 30th September 2022 we have subsequently added new orders of nearly 193MW. Our service business continues to do well, and our focus for the rest of the FY remains on executing our order book.” Himanshu Mody, Chief Financial Officer, Suzlon Group, said, “At the outset, I would like to thank all our shareholders for showing tremendous faith in Suzlon as demonstrated through our recently closed rights issue which was oversubscribed by 1.8x. This show of confidence has reinforced our commitment towards creating more value for our stakeholders.” “The Q2 of FY23 has seen us register consistent improvement resulting in a PAT positive quarter. We have seen a healthy YoY increase on all our key parameters of revenues, RR, EBITDA and PAT. We can also see the full impact of our consistent efforts to reduce debt on our decreasing finance costs further strengthening our balance sheet. In addition to our net debt position as on September 30, 2022, which stood at Rs 2,722 crores, we have subsequently reduced our debt by Rs 583.50 crores through the rights issue proceeds.” Result PDF11-11-2022
SUZLON ENERGY LTD. - 532667 - Announcement under Regulation 30 (LODR)-Investor Presentation
Suzlon announces Q2 FY23 Results10-11-2022