Earnings Alerts

Suzlon Energy (SUEL) Earnings: 1Q Net Income Triples to 3.02B Rupees, Revenue Up 50% Y/Y

  • Suzlon Energy‘s net income for the first quarter reached 3.02 billion rupees, significantly up from 1.01 billion rupees year-over-year.
  • Revenue for the quarter increased by 50% year-over-year, totaling 20.2 billion rupees.
  • Total costs rose by 37% year-over-year to 17.4 billion rupees.
  • EBITDA saw a substantial rise of 86% year-over-year, reaching 3.7 billion rupees.
  • The company approved the withdrawal of the Scheme of Arrangement.
  • Stock ratings for Suzlon Energy include 5 buys, 0 holds, and 0 sells.

Suzlon Energy on Smartkarma

On Smartkarma, investment analysts like Nimish Maheshwari provide valuable insights on companies like Suzlon Energy. Recently, Nimish Maheshwari authored a report titled “Suzlon Independent Director Resignation Raises Concerns and Reiterates Past CG Issues.” The report discusses Suzlon Energy‘s corporate governance challenges following the resignation of an independent director, highlighting the company’s commitment to addressing issues and improving practices. While no financial irregularities or legal violations were noted, the report emphasizes the importance of resolving these governance issues for Suzlon Energy.


A look at Suzlon Energy Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Suzlon Energy seems to have a promising long-term outlook according to the Smartkarma Smart Scores analysis. With a high Growth score of 5 and Momentum score of 5, the company appears to be well-positioned for future expansion and market performance. Suzlon Energy‘s focus on innovation and capturing market opportunities could drive its growth trajectory in the renewable energy sector.

On the other hand, the company scores lower in Value with a score of 2 and Dividend with a score of 1. Despite this, Suzlon Energy demonstrates resilience with a score of 4, indicating its ability to weather challenges and maintain stability in the face of market fluctuations. Overall, as a designer and manufacturer of wind generating equipment, Suzlon Energy‘s strategic position in constructing large wind parks aligns well with the industry’s growth potential.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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