Suzlon Energy had hit a new 52-week high on the back its turnaround performance for Q4Fy17. As against as loss of Rs.334 crore in previous Q4, it posted a net profit of Rs.579 crore in Q4FY17. This was on a very good 54% jump up in revenue at Rs.4999 crore. This was mainly on the back of its ability to execute projects in a timely manner.

Rationalisation of costs also helped and this was reflected in the EBITDA – it was up 184% at Rs.1033 crore with a fantastic 950 bps rise in EBITDA margin at 21%.

The company’s debt though continues to remain high at 9920 crore but has come down YoY by Rs.341 crore. Its interest outgo for Fy17 was at Rs.1199 crore v/s Rs.1206 crore in previous fiscal.

It ended the year with a consolidated net profit at Rs.839 crore, up 47%.

Total order book as at 31^st March 2017 stood at 670 MW, worth Rs.4045 crore and its order intake in current Q1 till date is at Rs.411 crore.