Expert Opinion: Suzlon Energy Limited – Stellar Quarterly Performance

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Suzlon Energy Limited has announced its quarterly results, posting an exceptional 539.08% year-on-year (YoY) jump in total consolidated net profit. The company recorded a net profit of ₹1,279.44 crore this quarter, compared to ₹200.20 crore in the same quarter last year — a historic achievement for Suzlon. Revenue from operations also surged 84.69% YoY to ₹3,865.54 crore, up from ₹2,092.99 crore. This remarkable growth was driven largely by India’s wind turbine segment, which generated 565 MW of power this quarter versus 256 MW last year.

EBITDA doubled to ₹721 crore from ₹294 crore a year ago. However, total expenses also increased to ₹3,334.83 crore from ₹1,919.65 crore YoY. Suzlon’s order book crossed 6.2 GW by the end of September, supported by strong order inflows exceeding 2 GW in the first half of FY26, signalling robust revenue visibility ahead. The company reported a consolidated net cash position of ₹1,480 crore as of September 30, 2025.

Under the ESOP 2022 plan, the board approved multiple equity share allotments as employee incentives. The company highlighted sustained domestic wind demand, aided by policy support such as reduced 5% GST on wind turbines and ongoing renewable energy expansion in India.

Vice-Chairman Girish Tanti said Suzlon is building a future-ready organisation focused on sustainable growth, backed by 11 straight profitable quarters. With strong execution capability and long-term visibility of 400 GW wind capacity by 2047, Suzlon aims to maintain market leadership. Suzlon shares traded 2.58% higher at ₹60.77 by 12:46 PM.

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