Press release
Suzlon Group
Suzlon Delivers Robust Annual Performance, PBT Jumps 67%, Revenue Up 54% y-o-y
Highest-ever annual and quarter India deliveries at 2,456 MW and 830 MW; orderbook of ~5.9 GW with 66% from PSU and C&I; net cash 2,384 Cr as of 31st March 2026. Revenue up 54% y-o-y to 16,679 Cr; PBT up 67%.
For Immediate Release | 25th May 2026
Key Highlights
- Highest-ever annual and quarter India deliveries at 2,456 MW and 830 MW respectively
- Orderbook of ~5.9 GW with 66% orders from PSU and C&I sectors
- Suzlon S144 has become industry's dominant product with order intake of ~9 GW
- Net cash position at 2,384 Cr as of 31st March 2026
Global and India Trends impacting demand
- Strong power growth in India with peak demand hitting a record of 270+ GW
- Cumulative renewable energy capacity in India reaches ~280 GW
- Energy security has become No. 1 strategic priority for most nations and renewable energy gaining traction
YoY growth in FY26 vis-�-vis FY25 (Consolidated)
- 54% increase in Revenue at 16,679 Crores
- 63% increase in EBITDA at ? 3,022 Crores
- 53% increase in Profit After Tax* at ? 3,163 Crores
QoQ growth in Q4 FY26 vis-�-vis Q3 FY26 (Consolidated)
- 29% increase in Revenue at ? 5,468 Crores
- 31% increase in EBITDA at ? 964 Crores
- 150% increase in Profit After Tax* at ? 1,114 Crores
*Including Deferred Tax Impact
Pune, India: Suzlon Group, India's leading renewable energy provider, announced its fourth quarter results (Q4 FY26).
Girish Tanti, Vice Chairman, Suzlon Group, said, "The world has entered the age of electricity where energy security is accelerating the shift towards renewables driven by domestic energy availability. At the same time, India is witnessing strong peak power demand growth, increasing the strategic importance of wind energy in enabling reliable FDRE solutions. In alignment with these structural shifts, we have significantly strengthened our financial position to prepare for the next phase of growth. Our flagship S144 platform has already achieved ~9GW of cumulative order intake and the WTG business has delivered 55% CAGR growth over the last three years. Together, these factors position Suzlon strongly to capitalize on the large market opportunity ahead."
Ajay Kapur, Chief Executive Officer, Suzlon Group, said, "We are happy to deliver highest-ever India annual deliveries at ~2.5 GW in FY26, reflecting strong execution across the business. Our healthy orderbook of ~5.9 GW with 66% coming from PSU and C&I segment, we continue to see strong demand for wind energy solutions. Our current orderbook provides strong revenue visibility with execution ramp up expected over the next few quarters."
Rahul Jain, Chief Financial Officer, Suzlon Group, said, "Our strong balance sheet and consistent quarterly performance continue to reinforce stakeholder and market confidence in Suzlon's growth journey. In FY26, we delivered a 67% growth in Profit Before Tax while maintaining a healthy cash position of ? 2,384 Cr as of 31st March 2026. This strong financial position provides us with adequate flexibility to confidently pursue our growth journey."
Suzlon Group Q4 FY26 at a glance (consolidated):
(? Crores)
| Particulars | Q4 FY26 Unaudited | Q3 FY26 Unaudited | Q4 FY25 Unaudited | FY26 Audited | FY25 Audited |
| Net Volumes (MW) | 830 | 617 | 573 | 2,456 | 1,550 |
| Revenue from operations | 5,468 | 4,228 | 3,774 | 16,679 | 10,851 |
| EBITDA | 964 | 739 | 693 | 3,022 | 1,857 |
| EBITDA Margin | 17.6% | 17.5% | 18.4% | 18.1% | 17.1% |
| Net Finance Cost | 108 | 92 | 49 | 352 | 151 |
| Profit Before Tax | 833 | 567 | 551 | 2,422 | 1,447 |
| Net Profit After Tax | 1,114 | 445 | 1,181 | 3,163 | 2,072 |
Awards and Recognition
- Suzlon ranked among the top five gainers in ET500 2025, rising 81 positions on the back of strong execution and growth
- Vice Chairman Girish Tanti named Wind Energy Leader of the Year for transforming India's wind sector and driving energy growth
- Suzlon ranked amongst the top 10 most sustainable global organization in Corporate Knights Global 100 list
- Suzlon ranked among the top 15% of the S&P Global Sustainability Yearbook
- Suzlon is one of only five Indian companies featured on Corporate Knights Clean200 list for 2026
- Suzlon Energy Australia (SEA) won the Best Wind Energy Solutions Provider 2026-Australia at the Business Excellence Awards
About The Suzlon Group
The Suzlon Group is a leading global renewable energy solutions provider, with 21.7 GW* of wind energy capacity installed across 17 countries. Headquartered at Suzlon One Earth in Pune, India, the Group includes Suzlon Energy Limited (NSE: SUZLON, BSE: 532667) and its subsidiaries. A vertically integrated organisation, Suzlon has in-house R&D centres in Germany, the Netherlands, Denmark, and India, and world-class manufacturing facilities across India. With over 30 years of operational excellence and a diverse workforce of 8,500+ employees, Suzlon is India's No. 1 Renewable Energy Solutions company, having an installed base of over 15.7 GW of assets and an additional ~6 GW installed outside India. Its portfolio includes the advanced 2.x - 6.x MW series of wind turbines.
*Global installations of Suzlon-manufactured wind turbine generators. Data as of 31st March 2026
Suzlon corporate website: www.suzlon.com
Press Contact � Suzlon Group
Monica Miglani
Corporate Communications, Suzlon Group
Mobile: +91.80077 32727
E-mail: communications@suzlon.com
Investor Relations Contact � Suzlon Group
Krishna Kumar
Investor Relations, Suzlon Group
Phone: +91.90286 56440
E-mail: investorrelations@suzlon.com