Suzlon Energy reported a consolidated net profit of Rs 1,114.35 crore for the fourth quarter of fiscal year 2026 (Q4 FY26), marking a 5.74% decline year-on-year. This dip comes despite a robust 44.32% surge in revenue from operations, which reached Rs 5,520.65 crore during the same period.
Compared to the previous quarter (Q3 FY26), profit saw a significant increase of 150.25% from Rs 445.28 crore, while revenue grew 29.64% from Rs 4,258.61 crore.
Record Deliveries and Strong Order Book
The renewable energy solutions provider announced its highest-ever annual India deliveries at 2,456 MW and quarterly India deliveries at 830 MW. Its order book stands strong at approximately 5.9 GW, with 66% of these orders originating from Public Sector Undertakings (PSU) and Commercial & Industrial (C&I) sectors. The company also noted the strong performance of its S144 wind turbine, which has garnered around 9 GW in order intake, establishing it as a dominant industry product.
Suzlon maintained a healthy financial position, reporting a net cash of Rs 2,384 crore as of March 31, 2026.
Management Outlook
Girish Tanti, Vice-Chairman at Suzlon Group, emphasized the growing importance of renewable energy. "The world has entered the age of electricity where energy security is accelerating the shift towards renewables driven by domestic energy availability," Tanti stated. He added, "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."
Ajay Kapur, Chief Executive Officer of Suzlon Group, highlighted the company’s future outlook, saying, "Our current orderbook provides strong revenue visibility with execution ramp up expected over the next few quarters."
Stock Reaction
Following the announcement of these results, Suzlon Energy's shares closed 0.19% higher at Rs 53.88 on Monday.