Suzlon Energy, one of India’s leading renewable energy solutions providers, has posted a strong performance in the first quarter of the financial year 2025–26 (Q1 FY26), driven by higher deliveries, a robust order book, and increasing demand from commercial, industrial, and PSU customers.
The company’s net profit rose 7.3% year-on-year (YoY), while total income jumped by over ₹1,100 crore compared to the same period last year.
Suzlon Energy: Strong Profit and Revenue Growth
For the quarter ending June 30, 2025, Suzlon Energy reported a consolidated net profit of ₹324.32 crore, compared to ₹302.29 crore in the corresponding quarter last year. This marks a healthy 7.3% YoY growth despite sectoral challenges and global economic uncertainties.
Total income stood at ₹3,165.19 crore, a sharp increase from ₹2,044.35 crore in Q1 FY25. The company credited this surge to higher wind turbine deliveries and steady execution of its existing order book.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose to ₹599 crore, up from ₹370 crore in the same quarter last year, reflecting better operational efficiencies and cost optimisation measures.
Suzlon Energy: Order Book at an All-Time High
A key highlight of Suzlon’s Q1 FY26 performance was its record order book, which grew to 5.7 gigawatts (GW) after securing fresh orders worth 1 GW in the quarter.
The company also achieved its highest-ever quarterly deliveries of 444 MW, continuing a streak of consistent order book growth over the last 10 consecutive quarters.
Girish Tanti, Vice Chairman of Suzlon Group, said:
“The rising demand from commercial & industrial (C&I) and public sector undertaking (PSU) customers, combined with a strong base of repeat orders, reflects the trust in Suzlon’s technology leadership and execution capabilities. Our focus remains on delivering high-quality, cost-effective renewable energy solutions that support India’s clean energy mission.”
Suzlon Energy: Accounting Adjustments and Tax Impact
Suzlon’s Chief Financial Officer, Himanshu Mody, highlighted a notable accounting adjustment during the quarter.
Last quarter, the company recognised Deferred Tax Assets worth ₹630 crore. In Q1 FY26, this asset began unwinding, resulting in a deferred tax charge of ₹134 crore.
“This is purely an accounting adjustment and has no impact on our cash flows,” Mody clarified, ensuring stakeholders that the company’s financial position remains strong.
Suzlon Energy: Leadership Changes and Board Decisions
The company’s Board of Directors made several key announcements during the quarter:
- Leadership Reappointments:
- Vinod R. Tanti will continue as Chairman & Managing Director for a further term of five years, from October 7, 2025, to October 6, 2030.
- Girish R. Tanti will continue as Executive Director for the same term.
These appointments are subject to shareholder approval at the upcoming Annual General Meeting (AGM).
- 30th Annual General Meeting (AGM):
- Scheduled for Thursday, September 25, 2025.
- Will be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM) as permitted by the Ministry of Corporate Affairs and SEBI.
- CFO Resignation:
- Himanshu Mody, Group Chief Financial Officer and Key Managerial Personnel (KMP), will resign effective August 31, 2025.
- Post his resignation, he will also cease to be a KMP of the company.
Suzlon Energy: Sector Outlook and Growth Potential
Suzlon’s performance comes at a time when India’s renewable energy sector is witnessing strong policy support and investment interest. The government’s push for green energy, coupled with corporate sustainability goals, has led to a surge in demand for wind and solar power projects.
Industry experts believe Suzlon’s large and growing order book, along with its proven track record in wind turbine manufacturing and project execution, positions it well for long-term growth.
The company’s focus on repeat customers, strategic partnerships, and cost optimisation measures is expected to help maintain profitability while expanding market share.
Key Highlights – Q1 FY26 Suzlon Energy Results
| Metric | Q1 FY26 | Q1 FY25 | Growth |
|---|---|---|---|
| Net Profit | ₹324.32 crore | ₹302.29 crore | +7.3% |
| Total Income | ₹3,165.19 crore | ₹2,044.35 crore | +54.9% |
| EBITDA | ₹599 crore | ₹370 crore | +61.9% |
| Order Book | 5.7 GW | — | Record High |
| Deliveries | 444 MW | — | Highest Ever |
Suzlon Energy: Market Response
Following the earnings announcement, investor sentiment towards Suzlon remained optimistic. Analysts point to the strong revenue growth, record deliveries, and consistent order inflow as indicators of sustained momentum.
While short-term market fluctuations are expected, long-term prospects appear positive due to India’s ambitious renewable energy targets and Suzlon’s competitive edge in wind technology.
Suzlon Energy’s Q1 FY26 results reflect a well-executed strategy focused on operational efficiency, market expansion, and customer trust. With a record order book, highest-ever quarterly deliveries, and a solid leadership team, the company is well-positioned to capitalise on India’s green energy revolution.
Despite the upcoming CFO transition, Suzlon’s financial performance and business fundamentals remain robust, signalling confidence for stakeholders and investors in the quarters ahead.