Which company’s shares in Suzlon Energy and Inox Wind will give the highest profit? Know the company’s order information

Suzlon Energy Vs. Inox Wind: Know which company’s shares can give good returns

Suzlon Energy and Inox Wind, two leaders in India’s wind energy sector, have reported impressive Q2 results, drawing attention from investors. Inox Wind’s net sales surged almost 100%, turning a previous loss into a profit of ₹90 crore.

Suzlon Energy also demonstrated robust performance, with net profits rising to ₹201 crore, reflecting its strong market position. This article explores the prospects for investment in both companies.

Know about companies’ Q2 results

Inox Wind’s net sales jumped by 97.56% year-on-year, reaching ₹732.24 crore, while Suzlon’s revenue grew by 48% to ₹2,093 crore, showcasing significant market progress.

Order books and manufacturing capabilities of both the companies

Inox Wind holds orders for 1.2 GW, with a backlog of 3.3 GW, while Suzlon boasts an all-time high order book of 5.1 GW. Suzlon leads in manufacturing capacity at 3,600 MW compared to Inox Wind’s current 800 MW, which is set to expand to 1,600 MW.

Financial performance and future prospects

Inox Wind reported an operating profit margin of 18.60%, outperforming Suzlon’s 16.40%. Inox Wind shares are currently trading at ₹208, while Suzlon shares are at ₹67. Both companies have bright futures in India’s renewable energy landscape, with strategic plans to capitalize on the sector’s growth.