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The Economic Times
The Economic Times
Veer Sharma

Suzlon Energy shares rise after Q4 results. What are Motilal Oswal, Nuvama saying?

Suzlon Energy Suzlon Motilal Oswal BSE

Shares of wind energy company Suzlon Energy rose 1% to Rs 54.5 on the BSE on Monday after it reported a 6% year-on-year decline in consolidated net profit for the fourth quarter at Rs 1,114 crore, compared with Rs 1,182 crore in the same period last year.

Revenue from operations, however, rose sharply by 45% year-on-year to Rs 5,468 crore during the quarter. On a sequential basis, net profit jumped 150% from Rs 445 crore reported in the December quarter.

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