Suzlon Energy Q1 Results: Profit falls 6% YoY to Rs 305 crore, revenue rises 22%
Suzlon Energy on Tuesday reported a consolidated net profit of Rs 305 crore for the first quarter of FY27, down nearly 6% year-on-year (YoY) from Rs 324 crore a year earlier.
Shares of the company dropped nearly 5% to Rs 50.75 on the BSE, following the earnings announcement.
While net profit declined, the renewable energy player’s revenue from operations rose 22.5% YoY to Rs 3,819 crore in Q1 FY27 from Rs 3,117 crore in the year-ago period.
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Shares of the company dropped nearly 5% to Rs 50.75 on the BSE, following the earnings announcement.
While net profit declined, the renewable energy player’s revenue from operations rose 22.5% YoY to Rs 3,819 crore in Q1 FY27 from Rs 3,117 crore in the year-ago period.
MORE TO COME...
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