Suzlon Energy shares rally 16% in three days as strong Q3 print fuels rally

The stock has surged nearly 16% over the past three days, fueled by the company’s strong third-quarter earnings report.

The renewable energy firm reported a 90% year-on-year (YoY) increase in net profit, reaching Rs 386.92 crore for the quarter ended December 2024. Revenue from operations jumped 91% YoY to Rs 2,968.81 crore, up from Rs 1,552.91 crore in the same quarter last year. In Q3 FY24, Suzlon had posted a net profit of Rs 203.04 crore.