The business stated that it has passed the 20GW wind energy installations milestone, with 12,467 wind turbines placed across 17 countries across six continents, solidifying Suzlon's position as a prominent participant in the global wind energy scene.

The net sales increased by 8.10 per cent to Rs 12,495 in Q4FY23 compared to Q4FY22. The company reported a net profit of Rs 2,844.64 crore in Q4FY23 compared to a net profit of Rs 3,103.99 in Q4FY22, down by 8.36 per cent. The net sales increased by 9.37 per cent to Rs 26,927 crore and the net profit increased by 14.25 per cent to Rs 5,828 crore in FY23 compared to FY22.  

The company has a market cap of Rs 696.98 crore with a 5-year CAGR of 46 per cent. According to the financials, the company reported positive numbers in its quarterly results and annual results.

According to the quarterly results, the net sales increased by 19.37 per cent to Rs 701.01 crore and net profit increased by 81.42 per cent to Rs 91.38 crore in Q4FY23 over Q4FY22. The net sales increased by 26.38 per cent to Rs 2,609.33 crore and net profit increased by 79.67 per cent to Rs 293.88 crore in FY23 over FY22. The EPS for FY23 stood at Rs 133.27.

The company gave great returns of 36 per cent over the past 1 year and stellar returns of 235 per cent over the past 3 years. Moreover, it has a healthy dividend payout ratio of 40.1 per cent.   

We have a fleet of 75-80 trucks which gives us an edge over competitors in terms of margin as well as service to customers, signifies Mohit Saboo, Director and CFO of BigBloc Construction Ltd

On Monday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.16 per cent at 62,725 and the NSE Nifty-50 Index up 0.0.21 per cent at 18,601.50.

The company gave huge returns of 60 per cent in the past 1 year and stellar returns of 470 per cent in the past 3 years.

On June 12, there are indications that the market will open slightly higher as the SGX Nifty suggests a positive beginning for the frontline index. The SGX Nifty has gained 70 points and commenced the session at 18,662, with SGX futures reaching a peak of 18,681 in early trade on the same day.

The company has reported excellent numbers in its quarterly results and annual results. The shares of the company have a PE of 32x and a ROE of 31 per cent.