Suzlon Energy announced that CRISIL Ratings has upgraded its ratings to �eA�]�e with Positive Outlook in alignment with the company�fs strengthened financial position, operational excellence and favourable sectoral tailwinds. CRISIL highlighted in the rating rationale that �gthe rating upgrade factors in, higher than expected improvement in the margins of WTG business while maintaining healthy cash flow generation from the O&M services business, and an uptick in the order book providing visibility for future revenues.�hCRISIL Ratings upgraded its ratings on the bank facilities of Suzlon to �eCRISIL A�]/Positive/CRISIL A2+�f from �eCRISIL BBB+/Positive/CRISIL A2�f. Powered by Capital Market - Live News

Suzlon Group today announced a new order win for the development of a 72.45 MW wind power project for Juniper Green Energy. Suzlon will install 23 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client�fs site at the Dwarka district in Gujarat. This order is for the company`s larger rated 3.15 MW, S144�]140m turbines from the 3 MW product series. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project including, erection and commissioning. Suzlon will also undertake comprehensive operations and maintenance services post�]commissioning.Powered by Capital Market - Live News

Suzlon Group announced a new order win for the development of a 30 MW wind power project for EDF Renewables. Suzlon will install 10 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each. The project is located in Gujarat. This is a repeat order for the company`s largest turbine series, S144�]140m with a rating of 3 MW. Suzlon will execute the project with a scope of supply, supervision, erection and commissioning. Additionally, Suzlon will also undertake post�]commissioning operations and maintenance services. Powered by Capital Market - Live News

Suzlon Energy announced the appointment of Vivek Srivastava as CEO - WTG Division reporting to the Group Chief Executive Officer of the Company with effect from 12 February 2024. Powered by Capital Market - Live News

Net profit of Suzlon Energy rose 159.11% to Rs 203.04 crore in the quarter ended December 2023 as against Rs 78.36 crore during the previous quarter ended December 2022. Sales rose 7.17% to Rs 1552.91 crore in the quarter ended December 2023 as against Rs 1448.97 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1552.911448.97 7 OPM %15.9514.86 - PBDT242.59135.19 79 PBT203.1377.59 162 NP203.0478.36 159 Powered by Capital Market - Live News