Synergy Green Industries Reports 8% Revenue Growth, Plans Major Capacity Expansion Aug 12, 2025
Synergy Green Industries, a wind turbine castings manufacturer, reported an 8% increase in quarterly revenue to ₹85.38 crores and a 25% rise in EBITDA to ₹13.16 crores. The company is expanding its manufacturing capacity from 30,000 to 45,000 metric tons annually as part of a ₹187 crore investment plan. This includes foundry expansion, in-house machining capabilities, and increased solar capacity. The company has secured orders worth ₹167 crores from Vestas for 2026 and produced India's largest wind turbine casting for Nordex. Management expects 20% revenue growth for the full year with improved EBITDA margins.
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