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Suzlon Delivers Robust Annual Performance, PBT Jumps 67 Percent, Revenue Up 54 Percent y-o-y

BusinessSwapna Mallik25 May 2026

India, May 25: Suzlon Group today announced its consolidated financial results for Q4 and FY26, reporting its highest-ever annual and quarterly India deliveries, strong revenue growth, and a significantly strengthened balance sheet.

Key Operational Highlights

Suzlon achieved record-breaking performance across key operational metrics:

  • Highest-ever annual India deliveries of 2,456 MW
  • Record quarterly deliveries of 830 MW in Q4 FY26
  • Strong orderbook of approximately 5.9 GW
  • 66% of orders from PSU and C&I sectors
  • Suzlon S144 emerged as the industry’s dominant product with ~9 GW order intake
  • Maintained a strong net cash position of ₹2,384 crore as of March 31, 2026

Financial Performance Overview 

Suzlon reported robust financial growth across Q4 and FY26:

  • Revenue from Operations (Q4 FY26): ₹5,468 crore (vs ₹4,228 crore in Q3 FY26)
  • FY26 Revenue: ₹16,679 crore (vs ₹10,851 crore in FY25)
  • EBITDA (Q4 FY26): ₹964 crore
  • FY26 EBITDA: ₹3,022 crore
  • EBITDA Margin (Q4 FY26): 17.6%, stable and in line with operational efficiency
  • Profit Before Tax (Q4 FY26): ₹833 crore
  • FY26 PBT: ₹2,422 crore
  • Net Profit After Tax (Q4 FY26): ₹1,114 crore
  • FY26 PAT: ₹3,163 crore, up from ₹2,072 crore in FY25

Strong Momentum Across Business Segments

The company’s performance was driven by strong execution capabilities, increased demand across PSU and C&I segments, and continued traction for the flagship S144 platform.

Suzlon reaffirmed its focus on scaling manufacturing capacity, improving operational efficiency, and strengthening its position in India’s renewable energy sector.

Outlook

With a healthy orderbook, strong cash position, and expanding project pipeline, Suzlon is well-positioned to sustain growth momentum in the coming financial year, supported by India’s accelerating renewable energy transition.

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