Suzlon vs Inox Wind: Which Wind Energy Stock Should You Buy After March Quarter Results?

Suzlon Energy and Inox Wind, two of India’s leading wind energy companies, have reported strong financial performances for the March quarter, drawing significant investor interest. With India’s renewable energy sector poised for rapid expansion, both companies are positioned to capitalize on the growing demand for wind power solutions.  

Key Highlights of Suzlon Energy’s Performance  
- Suzlon Energy reported a net profit of 1,181 crore rupees for the March quarter, marking a 365 percent year-on-year growth  
- Revenue from operations surged 73 percent year-on-year to 3,774 crore rupees  
- The company’s order book reached a record high of 5.6 GW, with its S144 platform surpassing 5 GW  
- Suzlon’s management has issued guidance for 60 percent growth across all key parameters in FY26  

Key Highlights of Inox Wind’s Performance  
- Inox Wind posted a consolidated net profit of 190.34 crore rupees in the March quarter, a fivefold increase from 38.74 crore rupees in Q4 FY24  
- Revenue from operations more than doubled to 1,310.65 crore rupees  
- The company’s order book stood at 3.2 GW as of March 2025, up from 2.6 GW in March 2024  
- Execution in Q4 FY25 reached 236 MW, compared to 129 MW in Q4 FY24  

Market Outlook and Investment Considerations  
- Analysts have retained their optimistic outlook on both companies, citing strong execution and growth potential in India’s wind energy market  
- Suzlon Energy’s stock has seen a sharp rally post-Q4 results, climbing 12 percent in the past five sessions  
- Inox Wind’s shares have experienced short-term volatility but maintain a positive one-month return of 15 percent  
- Brokerage firms have raised target prices for both stocks, with Suzlon Energy’s target set at 77 to 83 rupees per share and Inox Wind’s target ranging from 230 to 236 rupees per share  

Future Growth Prospects  
- India’s wind energy market is expected to expand to 100 GW by 2030, providing ample opportunities for both companies  
- Suzlon Energy’s strong order book and aggressive growth projections position it as a dominant player in the sector  
- Inox Wind’s focus on execution and strategic partnerships with marquee clients like NTPC and Hero Future Energies enhance its long-term prospects  

Source : MSN News, News18, Economic Times.