Senvion Wind Technology (SWT) has finalized the development order for 4 MW Parts. This development is projected to complete during FY 2024-25 and commence serial production in FY 2025-26. Synergy Green Industries has developed such parts in larger platforms to Vestas & Siemens Gamesa and presently in serial production. SWT has already allocated Rs.62 crore orders on 2 MW platform for FY 2024-25, and with addition of 4 MW parts, this order book is estimated to grow by 100% during next two years. Synergy Green is in to manufacturing of large size critical castings to Wind Turbine Parts with state-of-the-art facilities located at Kolhapur (Maharashtra) and established as a reliable supplier to all major Global Wind OEM`s. Powered by Capital Market - Live News

Net profit of Synergy Green Industries declined 5.25% to Rs 3.25 crore in the quarter ended March 2024 as against Rs 3.43 crore during the previous quarter ended March 2023. Sales declined 3.37% to Rs 82.31 crore in the quarter ended March 2024 as against Rs 85.18 crore during the previous quarter ended March 2023.For the full year,net profit rose 1228.74% to Rs 11.56 crore in the year ended March 2024 as against Rs 0.87 crore during the previous year ended March 2023. Sales rose 12.63% to Rs 326.31 crore in the year ended March 2024 as against Rs 289.71 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales82.3185.18 -3 326.31289.71 13 OPM %11.6312.73 -12.049.00 - PBDT7.267.68 -5 27.7512.69 119 PBT4.034.59 -12 15.660.70 2137 NP3.253.43 -5 11.560.87 1229 Powered by Capital Market - Live News

Synergy Green Industries will hold a meeting of the Board of Directors of the Company on 22 May 2024Powered by Capital Market - Live News

Synergy Green Industries has cancelled the board meeting which was scheduled to be held on 23 May 2024.Powered by Capital Market - Live News

Synergy Green Industries will hold a meeting of the Board of Directors of the Company on 23 May 2024.Powered by Capital Market - Live News