Suzlon Group reported record financial results for Q2 FY25, highlighting a 96% YoY growth in profit after tax, driven by a strong order book and strategic partnerships in India's burgeoning renewable energy sector.

Target Information

Suzlon Group, headquartered in Pune, India, is the country’s largest provider of renewable energy solutions, specializing in wind energy. The company has achieved significant milestones in its operational capacity, with around 20.9 GW of wind energy installed across 17 countries. Its recent financial results for the second quarter of FY25 highlight robust performance, with a 96% year-over-year growth in profit after tax (PAT) to Rs 201 crores, alongside substantial increases in revenue and EBITDA.

The company's cumulative installed capacity includes a strong order book totaling 5.1 GW, which marks a record high for Suzlon. This impressive growth reflects Suzlon’s commitment to expanding its product offerings and enhancing project execution capabilities.

Industry Overview in India

The renewable energy sector in India is experiencing unprecedented growth, aided by government policies promoting clean energy and significant investments from both domestic and international players. As