Pune: Suzlon Q3FY26 results highlight strong operational and financial performance for Suzlon Group, India’s leading renewable energy provider, as the company reported significant growth across key business metrics during the third quarter of FY26.
Suzlon Q3FY26 recorded robust improvements in profitability, revenue, deliveries, and order book strength, reflecting continued momentum in India’s renewable energy sector.
Suzlon Q3FY26: Strategic Transformation Under Suzlon 2.0
Speaking about the company’s strategic direction, Girish Tanti, Vice Chairman, Suzlon Group, said: “We have initiated Suzlon 2.0, a comprehensive business transformation strategy aimed at establishing ourselves as a full-stack clean energy solutions conglomerate. Key growth priorities under Suzlon 2.0 include launching DevCo as a standalone FDRE project development vertical, transforming OMS into a digital-first platform, setting up smart manufacturing facilities, and capitalizing on global opportunities.
Our recognition as one of the world’s top 10 most sustainable companies underscores the success of this direction. As electric mobility gains traction, AI capacity expands, and industrial decarbonisation accelerates, the green transition is gaining significant momentum.”
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Suzlon reported a record order book of 6.4 GW, supported by strong execution performance during the quarter.
JP Chalasani, Chief Executive Officer, Suzlon Group, said: “Our closing order book of 6.4 GW stands higher than the opening orderbook for the quarter, despite the highest-ever deliveries in 30 years. This reflects the demand for our solutions and the effectiveness of our execution.
Our balanced EPC strategy – targeting around 50% share of the EPC business by 2028 is progressing steadily, with the EPC share increasing from 20% to 27% this quarter. Our project development pipeline of 25+ GW is also complementing this strategy to augur growth for us. The success of this shift is enhancing revenue visibility, improving project control, and will continue to be a big growth driver for the group.”
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Rahul Jain, Chief Financial Officer, Suzlon Group, added: “Suzlon Q3FY26 performance marks another milestone in the company’s growth journey, with our highest-ever quarterly deliveries of 617 MW in India resulting in strong upswing across all financial metrics.
Our performance in the first nine months – driven by 66% growth in deliveries, and a 77% increase in EBITDA – demonstrates the strength of our integrated business model and disciplined execution.
Driven by strong fundamentals, rising C&I demand, and a market shift towards FDRE tenders, our accelerated execution ramp-up is translating into robust operating performance. As India’s wind sector accelerates, Suzlon’s end-to-end capabilities, competitive cost structure, and customer-centric approach position us uniquely to deliver sustainable value for all stakeholders.”
Suzlon Q3FY26 Key Highlights
- Record order book of 6.4 GW
- Highest-ever quarterly deliveries of 617 MW
- 2.4 GW execution underway
- Net cash position at ₹ 1,556 Cr as of December 31, 2025
- Profit increased 45% year-on-year
- Revenue grew 42% year-on-year
