Suzlon Energy Q4 Results: Stock snaps four-day winning run ahead of earnings announcement

Shares of Suzlon Energy Ltd. have given up early gains on Thursday, May 29, ahead of their March quarter results announcement later in the day. The stock had opened higher for the fifth straight session before giving up the early gains.

As of Wednesday's closing, the stock had gained over 8% in the last four trading sessions.

For the December quarter, which was the third quarter of the financial year 2025, Suzlon Energy had reported a 91% jump in its overall topline to ₹2,968 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) also doubled in value from the year-ago period. Margins also expanded by 90 basis points.

Suzlon's volumes at the end of the December quarter stood at 447 MW, compared to 170 MW last year and 256 MW in the September quarter.

For the first nine months of the financial year, Suzlon's deliveries stood at 977 MW.

Last month, Suzlon Energy had announced that it has extended its partnership with NTPC Green Energy, which is the largest-ever partnership that the company has had with any enterprise. The 378 MW order win from NTPC Green took Suzlon's total orders with the PSU to 1,544 MW. '

In September last year, Suzlon Energy had received its largest wind energy order of 1,166 MW from NTPC Green Energy.

Brokerage firm Nuvama had written after its quarterly results that Suzlon will remain a key beneficiary of the rising mix of RTC and Hybrid in government tenders.

Brokerage firm Motilal Oswal has reiterated its 'Buy' rating on Suzlon Energy, with a price target of ₹75 per share on May 14, which implied a potential upside of 30% from those levels.

Out of the eight analysts that have coverage on Suzlon Energy, six of them have a "buy" rating, while two of them have a "hold" rating. No analyst has a "sell" rating on the stock.

Shares of Suzlon Energy have given up early gains and are currently trading 0.9% lower at ₹65.79, ahead of the results announcement.