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This year marks a significant milestone for us. It is our 30th anniversary. We are pleased to report at another record-breaking quarter, marked by an all-time high order book exceeding 5.5 gigawatts, reaffirming our leadership across PSU, C&I and Utility segments. Notably, Suzlon secure d 1.5 gigawatts as a sole winne r of NTPC's PSU tenders. Order book for the S144 model, now exceeds 5 gigawatt a testament to superior technology and strong customer confidence. On the manufacturing front, our capacity now stands at 4.5 gigawatts with both Nacel le facilities in Daman and Pondicherry fully operational. Turning to execution Suzlon has set a new perf ormance benchmark by delivering a record-breaking 1,550 megawatts this year, more th an double the megawatts delivered last year. At Suzlon, we commissioned 336 me gawatts in FY '25, with an add itional 370-megawatt directed WTGs currently in the pre-commissioning phase, bringin g the total to over 707 megawatts. With less than 30% of our order book comprising non- EPC projects, where land acquisition lies outside of scope, client side delays have impacted commissioning timelines.

FY' 25 has marked a transformative year for Suzlon, defined by remarkable achievements with highes t-ever revenue, EBITDA and PAT post FY '17. Suzlon recorded consolidated revenues of INR<strong>3,774 crore</strong>s, delivering a strong 73% Y-o-Y and 27% Q-on-Q growth. EBITDA for Q4 FY '25 stood at INR693 crores, marking a 95% Y-o-Y growth and a 39% increase Q-on-Q basis. EBITDA margin improved by 200 basis points to 18.4%, up from 16.4% in the same quarter last year. Suzlon achieved the highest ever quarterly PAT of INR1,181 crores. FY '25 marked a key inflection point is for Suzlon as the benefits of operating leverage in the WTG division have begun to materialize.

The WTG division revenue surged by <strong>101%</strong> from INR4,215 crores to INR 8,481 crores, driven by a 118% increase in deliveries from 710 megawatts to 1,550 megawatts this year. WTG contribution margin has surpasse d our earlier estimates of 20% by 360 basis points to 23.6%. Suzlon delivered a strong performance in FY '25 with revenue surpassing INR10,000 crores mark to INR10,851 crores registering a 67% Y-o-Y growth. EBITDA is INR1,857 crores for FY '25 which is a surge of 80% on a Y-o-Y basis with improvement in EBITDA margin to 17.1% from 15.8% in FY '24. Suzlon reported a robust PAT of INR2,072 crores after exceptional items and including the im pact of deferred tax asset recognition, marking 190% Y-o-Y growth.