Suzlon Energy Q2 Net Profit Rises 1.3 Per Cent To ₹394 Crore On Comparable Basis; Revenue Jumps 26 Pc
New Delhi, October 29, 2026: Suzlon Energy Ltd reported a 1.3 per cent year-on-year increase in comparable net profit to Rs 394 crore for the September quarter, excluding an Rs 891 crore deferred tax asset creation in the year-earlier period, as record wind turbine deliveries lifted revenue but operating margins came under pressure. Reported net profit fell 69.2 per cent from Rs 1,279 crore in…
Suzlon Energy reported a modest 1.3% increase in net profit for Q2 2026, reaching ₹394 crore, as record deliveries of wind turbines boosted revenue by 26%. However, operating margins faced pressure. Net profit fell 69.2% year-on-year from ₹1,279 crore in the same period last year, while revenue from operations rose 26% to ₹4,869 crore.
EBITDA remained flat at ₹720 crore. CEO Ajay Kapur highlighted the company's record 710 MW wind turbine deliveries and strong commissioning of 454 MW, which drove revenue growth. The order book exceeded 6 GW, with DevCo business accounting for over 70% of new orders. Suzlon aims to expand its EPC contracts to 50% of the pipeline by FY28, signaling a shift towards broader project execution. The company's net worth surpassed ₹10,000 crore, and CRISIL upgraded its rating to AA-/Stable.
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