25 - 05 - 2026

Suzlon Q4 net drops 5.7% to ₹1,114 crore

Suzlon Energy Limited posted a 5.67 per cent drop in net profit at ₹1,114 crore for the fourth quarter ended March 31, 2026, compared with ₹1,181 crore recorded during the same period a year ago, impacted by higher finance costs and tax adjustments.

The wind energy company recorded a 44.89% rise in revenue from operations at ₹5,468 crore for the reporting quarter, compared with ₹3,774 crore recorded during the same period a year ago, the company said in a press release.

“The world has entered the age of electricity where energy security is accelerating the shift towards renewables driven by domestic energy availability. At the same time, India is witnessing strong peak power demand growth, increasing the strategic importance of wind energy in enabling reliable Firm and Dispatchable Renewable Energy(FDRE) solutions. In alignment with these structural shifts, we have significantly strengthened our financial position to prepare for the next phase of growth,” Girish Tanti, Vice Chairman, Suzlon Group, said.

“Our flagship S144 platform has already achieved about 9 gigawatts (GW) of cumulative order intake and the wind turbine generator (WTG) business has delivered 55 per cent compound annual growth rate (CAGR) growth over the last three years. Together, these factors position Suzlon strongly to capitalise on the large market opportunity ahead,” Tanti added.

For the full financial year (FY26), the group’s consolidated net profit stood at ₹3,163 crore, up 52.65% from ₹2,072 crore recorded during the year-ago period. Annual revenue from operations rose to ₹16,679 crore from ₹10,851 crore in FY25. Annual EBITDA stood at ₹3,022 crore, registering a 62.74% increase over ₹1,857 crore in FY25.

“We have delivered the highest-ever India annual deliveries at about 2.5 gigawatts (GW) in FY26, reflecting strong execution across the business. Our orderbook of about 5.9 GW with 66 per cent coming from public sector undertakings (PSU) and commercial and industrial (C&I) segment, we continue to see strong demand for wind energy solutions. Our current orderbook provides strong revenue visibility with execution ramp up expected over the next few quarters,” Ajay Kapur, Chief Executive Officer (CEO), Suzlon Group, said.

Net delivery volumes reached 830 megawatts (MW) in the fourth quarter of the financial year 2025–26 (Q4 FY26), compared to 617 MW in Q3 FY26 and 573 MW in the fourth quarter of the FY25. Total annual delivery volumes reached 2,456 MW in FY26 compared to 1,550 MW in FY25. The net cash position of the company stood at ₹2,384 crore as of March 31, 2026. Net finance costs for the quarter rose by ₹59 crore to ₹108 crore, up from ₹49 crore in Q4 FY25 and ₹92 crore in Q3 FY26. The annual net finance cost rose to ₹352 crore from ₹151 crore in FY25.

“Our strong balance sheet and consistent quarterly performance continue to reinforce stakeholder and market confidence in Suzlon’s growth journey. In FY26, we delivered a 67% growth in profit before tax while maintaining a healthy cash position of 2,384 crore as of March 31, 2026. This strong financial position provides us with adequate flexibility to confidently pursue our growth journey,” Rahul Jain, Chief Financial Officer (CFO), Suzlon Group, said.

The company has an orderbook of about 5.9 gigawatts (GW), with 66 per cent of orders coming from public sector undertakings (PSU) and commercial and industrial (C&I) sectors. The S144 wind turbine generator (WTG) platform has an order intake of about 9 GW. The total installed capacity of the company stands at 21.7 GW across 17 countries, including an installed base of over 15.7 GW in India and about 6 GW outside.