Suzlon Energy announced a significant surge in its Q2 FY26 performance, with profit after tax (PAT) soaring by 538% year-over-year to ₹1,279 crores. The results mark a company record. The surge was fueled by robust India deliveries, strong operating leverage, and recognition of deferred tax assets. The company’s order book also reached a healthy 6.2 GW, providing excellent revenue visibility.
Financial Performance Highlights
Suzlon Energy reported outstanding financial results for Q2 FY26. Key highlights include:
- Revenue increased by 85% to ₹3,866 Crores.
- EBITDA rose by 145% to ₹721 Crores.
- Achieved a record-breaking ₹562 Cr profit before tax (PBT).
- Recognized Incremental Deferred Tax Assets (DTA) of ₹717 Cr.
- Net cash position reached ₹1,480 Cr as of September 30, 2025.
Operational Success
The company’s success in Q2 FY26 was driven by several operational achievements:
- Delivered a record 565 MW in India.
- Maintained growth through strong operating leverage.
- Increased domestic wind manufacturing capacity to 4.5 GW.
Strong Order Book and Outlook
Suzlon’s order book has expanded to 6.2 GW, with over 2 GW added in the first half of fiscal year 2026. With the target of 122 GW wind capacity by FY32, Suzlon is poised for further growth. Also, Annual installations are expected to cross 6 GW this year.
Policy Updates
Recent policy updates, such as the ALMM for wind and GST reduction on wind turbines, will foster further domestic growth.
Segmental Overview
Wind turbine generator maintained healthy contribution with favorable scope and customer mix. Also, Renom delivers an operational capacity of 3,293 MW.
Source: BSE
