Breezy Performance

Suzlon Energy has had an impressive FY25 after a troubled few years in the recent past. How did the company crack the code?

- By KRISHNA GOPALAN

FOR SUZLON ENERGY, FY25 marked a comeback from nowhere, given that the Pune-headquartered company was deep in the red even as recently as three years ago. However, in FY25 it saw a 214% jump in its profit after tax and revenues rose 66%.

It wasn't rocket science. J.P. Chalasani, CEO of Suzlon Group, points out that the company's mantra was a strong focus on profitable and sustained growth. “Our disciplined turnaround strategy was built on three pillars—financial prudence, operational excellence and future-ready growth,” he says.

How did Suzlon crack the code?

Suzlon's turnaround was the product of strategies laid out over the years. Patience and perseverance helped the firm record its highest profit before tax in a decade, with an order book of 5.6 GW and a net cash position of ₹1,943 crore to boot. Among the listed entities, Inox Wind, according to its investor presentation for FY25, had an order book of approximately 3.2 GW. The order book is generally considered the best parameter. “Suzlon has emerged stronger and future ready,” says Chalasani.