The company achieved its highest-ever Q1 deliveries of 444 MW, supported by a growing order book of 5.7 GW, 75 per cent of which comprises commercial and industrial (C&I) and public sector utility orders.
India’s leading wind energy solutions provider, Suzlon Group, has posted a robust 62 per cent year-on-year rise in EBITDA to ₹5.99 billion ($72 million) for the first quarter of FY2026, driven by record deliveries, strong order inflows, and disciplined financial management.
Suzlon Energy has reported consolidated revenue of ₹31.17 billion in Q1 FY2026, marking a 55 per cent increase over the same period last year. Profit before tax rose 52 per cent to ₹4.59 billion, while net profit stood at ₹3.24 billion.
The company achieved its highest-ever Q1 deliveries of 444 MW, supported by a growing order book of 5.7 GW, 75 per cent of which comprises commercial and industrial (C&I) and public sector utility orders. Suzlon also reported a net cash position of ₹16.2 billion as of June 30.
Girish Tanti, Vice Chairman, Suzlon Group, said, “The energy sector is undergoing a structural shift where wind-dominant FDRE and RTC solutions are essential for delivering firm, reliable, and affordable clean power to India. The rising demand from C&I and PSU customers, along with a strong base of repeat orders, reflects the trust in Suzlon’s technology leadership and execution capabilities.”
JP Chalasani, CEO, added, “India’s renewable energy growth is being propelled by large PSU-led auctions and rising C&I demand. Our record deliveries this quarter highlight Suzlon’s executional strength and alignment with MNRE’s revised ALMM (Wind) guidelines. With 4.5 GW of annual domestic manufacturing capacity, we are well-positioned to power the nation’s clean energy future.”
Himanshu Mody, CFO, noted, “Q1 delivered a strong all-round performance. The significant increase in EBITDA reflects our operational efficiency and financial discipline. Our strong order inflow provides clear revenue visibility, while five-notch rating upgrades over the last two years reflect our improved financial strength and flexibility.”
Suzlon also highlighted policy tailwinds, including the introduction of ALMM standards for wind turbine components and India’s upcoming carbon market. With a national target of 122 GW wind capacity by FY2032 and a repowering opportunity of 25.4 GW, the company sees strong domestic and export potential.