Suzlon Energy reports a 69% year-on-year fall in September-quarter profit, while revenue rises as wind turbine deliveries increase. For the quarter ended September 30, the company says revenue from operations grows 26% to Rs 4,869 crore, helped by record deliveries in India of 710 MW, up from 565 MW a year earlier.
On a comparable basis that excludes a deferred tax asset effect, Suzlon’s net profit increases 1.3% to Rs 394 crore. Reported net profit declines because the September quarter of the prior year benefited from an Rs 891 crore deferred tax asset creation. Earnings before interest, tax, depreciation and amortisation (EBITDA) is broadly flat year-on-year at about Rs 720 crore, but margins contract to about 14.7–14.8% from 18.6% as operating pressure offsets revenue growth.
Across coverage, the outlets agree on the profit movements, revenue growth, delivery and commissioning figures, and the margin compression. Differences are mainly in emphasis: some foreground the deferred tax accounting effect, while others lead with the headline profit decline and shrinking EBITDA margins.
