• Source:JND
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Suzlon Share Price: The shares of Suzlon Energy rose over 13% during the intraday trade on Friday after the renewable sector company reported a rise in profit in Q4 of FY24-25. At around 9:30 a.m., the company's shares were trading at Rs 73.50 on NSE, up 12.35% from the previous day's closing price.

The scrip started today's trade with a decent gap-up at Rs 71.50 against the last session's closing price of Rs 65.42. The counter extended the gain further to hit an intraday high at Rs 74.30. Meanwhile, its 52-week high and low values are Rs 86.04 and Rs 43.55, respectively.

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Q4 Results

Adjusted net profit for 2024-25 also increased to Rs 2,072 crore from Rs 660 crore in the previous fiscal. Total revenue increased to Rs 10,993.13 crore from Rs 6,567.51 crore in the previous fiscal.

The company says it achieved a record 1.55 GW in FY25 -- an impressive 118 per cent year-on-year growth.

The contribution margin for the WTG (wind turbine generator) business expanded to 23 per cent, an increase of 360 basis points, supported by our 4.5 GW production capacity. It says we have added 10 new product lines for our S144 -- 3. X MW series.

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With over 5 GW of agricultural orders, the S144 wind turbine has emerged as the company's best-performing product, contributing over 1.25 GW of deliveries in FY25 alone.

Disclaimer: This is just a piece of news about recent developments in the stock. Jagran does not advise investing. Please take the expert's opinion before investing.