Suzlon and NTPC report financial results for December 2024 quarter

Suzlon Group’s net profit surged by 91% year-on-year, reaching Rs 3.88 billion. The company achieved its highest-ever quarterly deliveries, totalling 447 MW, bringing its nine-month total to 977 MW. 

Revenue for the quarter grew by 42% from the previous quarter and 94% from the same period last year, amounting to $2.97 billion. Suzlon’s EBITDA increased by 102%, reaching $500 million, while its order book hit a record 5,500 MW.

Meanwhile, NTPC Limited posted a net profit of Rs 51.7 billion, a slight 0.75% decline from Rs 52.09 billion in the same quarter last year. 

Total income for NTPC increased by 4.64%, reaching Rs 455.98 billion compared to Rs 435.75 billion in the previous year’s quarter.