Explained: Why Suzlon Energy shares rose 13% after Q4 results
Shares of Suzlon Energy surged as much as 13% in early trade on Friday after the renewable energy company reported a stellar performance in the March quarter. The stock hit an intraday high of Rs 74.30 on the BSE before settling 11.34% higher at Rs 72.84 around 9:30 am. The sharp rally came after Suzlon posted a 365% year-on-year jump in consolidated net profit for Q4FY25. Profit rose to Rs 1,182 crore from Rs 254 crore in the same quarter last year. Revenue from operations increased 73% to Rs 3,773 crore, compared to Rs 2,179 crore in the year-ago period.On a sequential basis, profit more than doubled from Rs 387 crore in Q3FY25, while revenue rose 27% from Rs 2,969 crore. For the full year, Suzlon reported a net profit of Rs 2,072 crore, a sharp rise from Rs 660 crore in FY24. Revenue for the year climbed 67% to Rs 10,851 crore from Rs 6,497 crore.Expenses during the March quarter stood at Rs 3,274 crore, up from Rs 2,611 crore in Q3FY25 and Rs 1,927 crore in Q4FY24. The company saw higher spending on raw materials, components, employee costs, finance charges, and depreciation.A significant jump in wind turbine deliveries helped power the earnings. Deliveries rose 118% to 1,550 MW in FY25, compared to 710 MW the previous year. Segment revenue from the wind turbine generator business reached Rs 3,142 crore in Q4FY25, rising from Rs 2,336 crore in the previous quarter and Rs 1,532 crore a year earlier.The Foundry and Forging segment contributed Rs 168 crore, while revenue from operation and maintenance services came in at Rs 591 crore.Profit before exceptional items and tax rose 103% to Rs 1,447 crore in FY25, while EBITDA grew 81% to Rs 1,857 crore. The company's flagship S144 turbine saw its order book cross 5 GW, further strengthening Suzlon's position in the domestic wind energy market.According to Trendlyne, the average target price for Suzlon Energy is Rs 70, suggesting limited upside from current levels. Among the eight analysts tracking the stock, the consensus remains a 'Strong Buy'.The stock has gained nearly 30% over the past month and over 11% this year. Suzlon's market capitalisation now stands at Rs 1.01 lakh crore.
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