Suzlon Energy Limited reported a consolidated net profit of ₹1,114.35 crore for the March quarter (Q4) of FY26, which marks a 5.74% decline compared to the same period last year. In Q4 FY25, the company had posted a profit of ₹1,182.22 crore. Despite this year-on-year dip, the profit saw a remarkable sequential increase of nearly 150% from the ₹445.28 crore reported in the December quarter (Q3 FY26), indicating a significant turnaround in performance.
During the same quarter, Suzlon's revenue from operations surged by 45% year-on-year, reaching ₹5,468.06 crore compared to ₹3,773.54 crore in Q4 FY25. The sequential revenue growth was also notable, climbing 29.3% from ₹4,228.18 crore in Q3 FY26. This robust performance underscores the company's strong market position and demand for renewable energy solutions.
- Record annual deliveries — Suzlon achieved its highest-ever annual deliveries in India at 2,456 MW in FY26.
- Strong order book — The company holds an order book of nearly 5.9 GW, with a significant portion from the PSU and commercial sectors.
- Improved EBITDA margins — The EBITDA for the quarter stood at ₹964 crore, with an EBITDA margin of 17.6%.
Ajay Kapur, the CEO of Suzlon, expressed optimism about the company's performance, stating that the record annual deliveries reflect strong execution across their operations. He emphasized the importance of the healthy order book in maintaining visibility for future demand in wind energy solutions. The company’s net cash position also stood at ₹2,384 crore as of March 31, 2026, providing a solid foundation for further growth.
Despite the profit drop, the overall outlook for Suzlon remains positive, with a significant increase in revenue and a robust pipeline of projects. The company's strategic focus on renewable energy continues to position it as a key player in the industry, and its performance metrics suggest a strong recovery trajectory moving forward.
