Suzlon Energy Q2FY26 Results: PAT leaps to an all-time high of ₹1,279 crore and Revenue surges 85% YoY to ₹3,866 crore

Pune, November 4, 2025: Share of Suzlon Energy Ltd (NSE: SUZLON, BSE: 532667) announced its highest ever quarterly performance for Q2FY26, as there is sharp rise in profitability and revenue growth driven by robust project execution and record deliveries.

Strong Consolidated Financial Performance

Suzlon’s revenue from operations grew 85% YoY to ₹3,865.54 crore in Q2FY26 from ₹2,092.99 crore in Q2FY25. Sequentially, the topline grew 24% from ₹3,117.33 crore reported in Q1FY26.

PAT increased 538% YoY from ₹ 200.60 crore in Q2FY25 to ₹ 1,279.44 crore in Q2FY26, which was the largest quarterly profit the company has recorded in three decades. PBT stood at ₹ 562.50 crore, up 179% YoY. EBITDA improved 145% YoY at ₹ 721 crore versus ₹ 294 crore a year ago.

EBITDA margin expanded to 18.6% versus 14.1% in Q2FY25, supported by operating leverage and improved cost efficiencies across the wind turbine segment.

Key Highlights from Suzlon Energy Q2FY26

1. Revenue from Operations: ₹3,865.54 crore (up 85% YoY)
2. EBITDA: ₹721 crore (up 145% YoY)
3. Profit Before Tax: ₹562.5 crore (up 179% YoY)
4. Profit After Tax: ₹1,279.4 crore (up 538% YoY)
5. EBITDA Margin: 18.6%
6. Order Book: 6.2 GW, highest ever for the company
7. Net Cash Position: ₹1,480 crore as of September 30, 2025
8. Deliveries by the company were at 565 MW, representing the highest-ever Q2 installations in India for Suzlon. Suzlon added more than 2 GW of new orders in the first half of FY 26, taking its cumulative order book to 6.2 GW.

Management Commentary

“Suzlon is building a future-ready organisation focused on sustainable growth, reflected in consistent performance over the last 11 quarters across PAT, revenue and EBITDA. With a record 6.2 GW order book and strong policy support, we are positioned to lead India’s renewable transition over the long term,” Girish Tanti, Suzlon Group Vice-Chairman said.

Strong deliveries and manufacturing strength helped drive profitability, said JP Chalasani, Chief Executive Officer, Suzlon Group.

“We are happy to report our highest-ever Q2 deliveries in India which led to robust performance and profitability. With an expanding domestic manufacturing base and a robust execution strategy, Suzlon is well placed to capture the next phase of India’s wind expansion—expected to exceed 6 GW in FY26 and 8 GW in FY27,” he noted.

Segment-wise Performance

The biggest contributor was the WTG segment, which provided ₹3,240.6 crore from its total revenues. Its Operation & Maintenance Services business continued to stay a steady annuity stream with margins of nearly 40%. Revenue from SE Forge increased 53% YoY to ₹267 crore, helped by better capacity utilization and demand from the wind sector.

Suzlon’s S144 turbine remained the most popular choice of new installations, with over 2.3 GW of deliveries and more than 5 GW of firm orders.

REF: https://nsearchives.nseindia.com/corporate/SUZLON1_04112025104934_Suzlon04112025.pdf

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