Suzlon Q4 Results: Company back in the black with Rs 320 cr net profit

Renewable energy firm Suzlon reported a consolidated net profit of INR 319.99 crore during the March 2023 quarter, primarily due to reduced expenses. While the total income from operation dipped to INR 1,699.96 crore, the total expenses of the company declined significantly, helping to post a net profit over the same quarter last year, when the company had a net loss of INR 205.52 crore. Suzlon has cumulative orders of 1,542 MW, including an order book of 652 MW plus orders secured subsequently of 890 MW.

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