Suzlon Energy News: After excellent results, Suzlon CEO told what the company will do next?

News Topical, Digital Desk : Suzlon Energy's Group CEO J.P. Chalasani has had a special conversation with CNBC-Awaaz. Chalasani has talked about the company's quarterly report and the strength of the business. He said that the first quarter (Q1) of this business year has been the best so far, in which both supply and order book are showing consistent strong performance quarter after quarter.

Chalasani clarified that there has been no change in the guidance for the next financial year of the company. Also, there is no intention of the promoter to sell a stake in the company at present, which is a positive sign for investors.

He said that the supply is increasing quarter by quarter, which is a sign of expansion of business and increasing demand. Along with this, there is a continuous strong growth in order inflow, which has strengthened the company's order book for the future. According to JP Chalasani, Suzlon Energy is strengthening its business over time and is playing an important role in India's clean energy transition in the energy sector. This interview confirms Suzlon's strong performance and plan in the industry, which is encouraging for both investors and industry analysts. 

How were the results The consolidated net profit of the company increased from Rs 302 crore in the same quarter last year to Rs 324 crore. This jump indicates the annual growth of the company. The consolidated earnings of the company have also increased tremendously, which has increased from Rs 2,021 crore to Rs 3,132 crore. Overall, the company's earnings have increased by about 55%. The company's EBITDA also increased from Rs 368.3 crore to Rs 598.2 crore on an annual basis, which is a clear indication of improvement in operational efficiency. On the other hand, EBITDA margin increased from 18.2% to 19.1%. 

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