Suzlon Energy Ltd. has announced exceptional Q2 FY26 results, marked by record-breaking execution and substantial growth. The company achieved its highest ever Q2 delivery, commissioning 565 MW. Revenues reached INR 3,866 crores, with an EBITDA of INR 721 crores. The non-fossil fuel capacity stands at 50%. Suzlon’s leadership has been strengthened with the appointment of Mr. Rahul Jain as Chief Financial Officer, effective December 15, 2025.
Exceptional Financial Performance
Suzlon Energy Ltd. reported consolidated revenue of INR 3,866 crores in Q2 FY26. The EBITDA reached INR 721 crores, reflecting a robust 145% increase year-on-year. The EBITDA margin improved by 460 basis points to 18.6%, up from 14.1% in the same quarter last year.
The profit before tax reached INR 562 crores, registering 179% year-on-year growth. The PAT significantly outperformed at INR 1,279 crores. The company recognized an incremental net deferred tax asset of INR 718 crores, based on the reasonable certainty of future profits. This brings the total deferred tax asset to INR 1,229 crores as of September 2025, which provides a tax shield on future profits to the tune of INR 5,000 crores.
Operational Highlights
Suzlon achieved a record-breaking quarter by delivering 565 MW in Q2 FY26, the highest ever Q2 in India in over 30-year history. The company’s order book has exceeded 6 gigawatts, reaffirming its market leadership with more than 2-gigawatt order win in the first half of FY26.
The manufacturing capacity of 4.5 gigawatts is fully operational and ramped up to meet the order book. Suzlon commissioned 270 MW in the first half of this financial year with a robust execution pipeline of 1,865 MW at various stages.
Strategic Developments
The company has identified 23-plus gigawatts of renewable potential sites, laying a strong foundation for sustained growth. Out of this, 7-plus gigawatts of land development are underway, ensuring rapid deployment readiness. Renom’s assets under management are set to expand further, driven by steady customer fleet acquisitions and the ongoing pipeline.
On leadership strengthening, Mr. Rahul Jain has been appointed as Chief Financial Officer, effective December 15, 2025.
Future Outlook
Suzlon remains committed to achieving its FY26 guidance of 60% year-on-year growth across all key performance parameters.
The company expects total wind installations to reach approximately 6 gigawatts by the end of FY26 and 8 gigawatts in FY27.
Source: BSE
