Suzlon Energy announced strong Q3 FY26 results, with profit surging by 45% and revenues rising by 42% year-over-year. The company reported record orderbook of 6.4 GW and highest-ever quarter deliveries at 617 MW. Suzlon’s net cash position reached ₹1,556 Cr. The company also expects significant growth potential from strong domestic demand, driven by renewables and wind power expansion by 2047.
Financial Highlights
Suzlon Energy (NSE: SUZLON) reported its Q3 FY26 results, showcasing significant year-over-year growth:
- Revenue increased by 42% to ₹4,228 Crores.
- EBITDA increased by 48% to ₹739 Crores.
- Profit Before Tax increased by 45% to ₹567 Crores.
- Highest-ever quarterly deliveries of 617 MW.
The company’s closing order book stands at 6.4 GW, reflecting strong demand for its solutions.
Operational Performance
The company is focused on its balanced EPC strategy and aims for approximately 50% share of the EPC business by 2028. The project development pipeline is over 25 GW, complementing the growth strategy. Suzlon’s transformation strategy aims to establish it as a full-stack clean energy solutions conglomerate.
Domestic Demand Outlook
Power demand is projected to nearly triple by 2047, reaching 4,490 TWh, with renewables expected to grow 10x to 1,600 TWh. Wind power is expected to outgrow overall power growth, projected at a 10% CAGR to 400 GW.
Segmental Performance for 9M FY26
Figures are in ₹ Crores:
- Wind Turbine Generator: Revenue 9,298.48
- Foundry & Forging: Revenue 428.71
- Operation & Maintenance Service: Revenue 1,788.68
- Total Revenue: 11,211.05
The company’s consolidated net profit after tax for the nine months ended December 31, 2025, reached ₹2,049.04.
Source: BSE
