Suzlon Energy Q2 Results: Net Profit Surges Six-Fold On The Back Of Tax Write-Back
Suzlon Energy Ltd.’s consolidated net profit surged six-fold in the second quarter of the current financial year, driven by a tax write-back of Rs 718 crore.
Suzlon Energy Ltd.’s consolidated net profit surged six-fold in the second quarter of the current financial year, driven by a tax write-back of Rs 718 crore.
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Suzlon Energy shares gain over 1.5% after the company reports a sixfold increase in Q2 profit, driven by strong revenue growth and margin expansion. Get the latest updates on the Indian stock market and renewable energy sector.
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Suzlon Energy posts six-fold rise in profit in Q2, driven by strong execution, margin gains, and a robust order book. Morgan Stanley maintains overweight rating with a price target of Rs 77.