Suzlon Energy hits upper circuit on logging 91% growth in Q3 consolidated net profit
Suzlon Energy is currently trading at its upper limit of Rs. 52.76, up by 2.51 points or 5.00% from its previous closing of Rs. 50.25 on the BSE.
The scrip opened at Rs. 52.76 and has touched a high and low of Rs. 52.76 and Rs. 52.76 respectively. So far 322054 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 86.04 on 12-Sep-2024 and a 52 week low of Rs. 35.49 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 56.61 and Rs. 47.76 respectively. The current market cap of the company is Rs. 72006.93 crore.The promoters holding in the company stood at 13.25%, while Institutions and Non-Institutions held 32.18% and 54.57% respectively.Suzlon Energy has reported over eight-fold jump in its net profit at Rs 200.61 crore for Q3FY25 as compared to Rs 24.17 crore for the same quarter in the previous year. Total income of the company increased by 144.20% at Rs 2332.31 crore for Q3FY25 as compared to Rs 955.08 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 90.98% rise in its net profit at Rs 387.76 crore for the quarter ended December 31, 2024, as compared to Rs 203.04 crore for the same quarter in the previous year. Total income of the company increased by 91.27% at Rs 3002.36 crore for Q3FY25 as compared to Rs 1569.71 crore for the corresponding quarter previous year.
