Pune: Renewable energy company Suzlon Group has reported its highest-ever quarterly profit after tax (PAT) in Q2FY26, achieving a 538% year-on-year growth at ₹1,279 crore.
Suzlon Q2FY26 results mark a major milestone in the company’s 30-year history, underscoring its strong operational performance and growing market leadership in the wind energy sector.
Suzlon Q2FY26: Strong Financial Growth Across All Metrics
Suzlon’s consolidated revenue for Q2FY26 rose 85% year-on-year to ₹3,866 crore, while EBITDA increased 145% to ₹721 crore. The company recorded a 179% jump in profit before tax (PBT) at ₹562 crore, supported by robust deliveries and improved operating leverage.
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During the quarter, Suzlon recognized incremental deferred tax assets (DTA) of ₹717 crore, contributing to the strong PAT of ₹1,279 crore. The company’s order book crossed 6 GW, with over 2 GW added in H1FY26, taking the total to 6.2 GW.
Suzlon Q2FY26: Operational Highlights and Industry Momentum
Suzlon achieved its highest-ever second-quarter India deliveries of 565 MW, driven by its robust wind turbine generator (WTG) business. The company maintained a net cash position of ₹1,480 crore as of September 30, 2025, and continues to operate India’s largest domestic wind manufacturing capacity of 4.5 GW.
Policy developments, including the GST reduction on wind turbines from 12% to 5% and the introduction of ALMM (Wind) SOPs, are expected to bolster domestic manufacturing and reduce the levelized cost of energy (LCoE).
Girish Tanti, Vice Chairman, Suzlon Group, stated, “Suzlon is building a future-ready organisation focused on sustainable growth, reflected in our consistent performance over the last 11 quarters across PAT, revenue, and EBITDA. With a record 6.2 GW order book and a clear growth strategy, we are well-positioned to lead India’s wind energy expansion.”
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JP Chalasani, Chief Executive Officer, Suzlon Group, added, “We are proud to report our highest-ever Q2 deliveries in India, driving strong financial performance and profitability. Our robust order book, advanced manufacturing capabilities, and India-made products strengthen our leadership position as the market scales to 6 GW in FY26 and 8 GW in FY27.”
Suzlon Q2FY26: Industry Outlook
India’s wind sector is witnessing strong momentum, with a target of 122 GW wind capacity by FY32 and significant demand from the commercial and industrial (C&I) sector, which is projected to require 100 GW renewable energy by 2030.
With these tailwinds, Suzlon’s leadership in wind turbine manufacturing and its continued focus on localisation and technology innovation are expected to sustain its growth trajectory.
