DSIJ Mindshare

EBITDA levels witnessed a hike of 50.70 per cent from corresponding quarter last year to Rs 107 crore.

According to the financials, the company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23).  The company has been maintaining a healthy dividend payout of 18.7 per cent and has a 3-year CAGR of 82 per cent.

The business stated that it has passed the 20GW wind energy installations milestone, with 12,467 wind turbines placed across 17 countries across six continents, solidifying Suzlon's position as a prominent participant in the global wind energy scene.

The net sales increased by 8.10 per cent to Rs 12,495 in Q4FY23 compared to Q4FY22. The company reported a net profit of Rs 2,844.64 crore in Q4FY23 compared to a net profit of Rs 3,103.99 in Q4FY22, down by 8.36 per cent. The net sales increased by 9.37 per cent to Rs 26,927 crore and the net profit increased by 14.25 per cent to Rs 5,828 crore in FY23 compared to FY22.  

The company has a market cap of Rs 696.98 crore with a 5-year CAGR of 46 per cent. According to the financials, the company reported positive numbers in its quarterly results and annual results.