Suzlon Energy, a company related to the energy sector, has announced its third quarter results for the current financial year. The company has informed in the exchange filing that its profits and earnings have seen a tremendous jump.

The company said that its net profit has jumped by 90.6%. On the basis of last year, the company's profit has increased from Rs 203 crore to Rs 387 crore. Talking about the company's earnings, they have also increased tremendously. The company's earnings have registered a jump of 91%. Results figures show that the company's earnings have increased from Rs 1,553 crore to Rs 2,968.8 crore. Talking about the company's EBITDA, it has increased from Rs 240.2 crore to Rs 493.5 crore. Talking about EBITDA margin, it has increased from 15.5% to 16.6%. EBITDA margin for the quarter was 16.6%, which is 110 basis points higher than last year's figure of 15.5%. Before the announcement of earnings, Suzlon Energy shares closed 0.4% higher at ₹ 50.42 on Tuesday. The stock is down 42% from its highest level of ₹ 86 in September last year. Looking at the stock performance, the company's stock has given a return of 18.12 percent in 1 year and 341 percent in 3 years. Talking about the stake in the company, retail investors have 54.56 percent, foreign institutional investors have 22.87 percent, domestic institutional investors have 9.31 percent and promoters have 13.52 percent.