Pune: Suzlon Q1 FY27 began on a strong note as Suzlon Group, India’s leading renewable energy provider, reported a 23% year-on-year increase in revenue from operations while achieving its highest-ever first-quarter deliveries of 506 MW.
The company also more than doubled its commissioning during the quarter as multiple projects progressed into advanced stages of execution.
Suzlon reported revenue from operations of ₹3,819 crore in Suzlon Q1 FY27, compared with ₹3,117 crore in the corresponding quarter of the previous financial year. Net volumes stood at 506 MW, up from 444 MW in Q1 FY26.
Commenting on the performance, Girish Tanti, Vice Chairman, Suzlon Group, said: “Suzlon is stronger than ever, and we’re leveraging this to invest in our future. Suzlon 2.0 is underway as we build 4 strategic growth engines with wind lead RE solutions, strengthen our technology, and focus on long-term customer partnerships.
All new growth areas are gaining traction. The S175-5x had a strong debut and the S144-3x orderbook is building significant momentum. During the quarter, we also deepened existing partnerships and formed new ones to accelerate our customers’ energy transition journey.”
Highlighting operational performance during Suzlon Q1 FY27, Ajay Kapur, Chief Executive Officer, Suzlon Group, said:
“Our strong start to FY27 reflects disciplined execution across every aspect of our business. We achieved our highest-ever first quarter deliveries of 506 MW, up +14% y-o-y, while more than doubling our commissioning as projects moved into advanced stages of execution.
With the successful launch of first FDRE-ready S175 wind turbine and manufacturing now scaled at our Bhuj facility, we are well-prepared to meet future demand.”
Providing details on the financial performance in Suzlon Q1 FY27, Rahul Jain, Chief Financial Officer, Suzlon Group, said: “We delivered a strong top-line performance this quarter, with revenue growing 23% year-on-year, reflecting healthy execution and project deliveries.
EBITDA & PAT margins were in line with ongoing developments, given the temporary logistic disruptions arising from the geopolitical situation, certain strategic investments, and change of scope and segment mix.”
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Suzlon Q1 FY27 Financial Snapshot (Consolidated)
| Particulars | Q1 FY27 | Q1 FY26 | Q4 FY26 | FY26 |
|---|---|---|---|---|
| Net Volumes (MW) | 506 | 444 | 830 | 2,456 |
| Revenue from Operations (₹ crore) | 3,819 | 3,117 | 5,468 | 16,679 |
| EBITDA (₹ crore) | 595 | 599 | 964 | 3,022 |
| EBITDA Margin | 15.6% | 19.2% | 17.6% | 18.1% |
| Profit Before Tax (₹ crore) | 390 | 459 | 833 | 2,422 |
| Net Profit After Tax (₹ crore) | 305 | 324 | 1,114 | 3,163 |
Manufacturing Expansion
During Suzlon Q1 FY27, the company doubled the capacity of its rotor blade manufacturing facility in Jaisalmer from 630 MW to 1,260 MW by adding two new manufacturing lines.
The expanded facility now spans 30 acres and is expected to generate employment for more than 1,200 people. The plant is capable of manufacturing both S144 and S175 rotor blades.
Execution Milestone
As part of Suzlon Q1 FY27, the company commissioned 269 MW during the quarter while making significant execution progress on the landmark 1.2 GW NTPC project in Gujarat.
Leadership Update
Suzlon announced the appointment of Anjali Byce as Group Chief Human Resource Officer, strengthening the company’s leadership team as it advances its Suzlon 2.0 vision.
Anjali Byce brings nearly three decades of CHRO-level leadership experience across multiple sectors, having previously worked with Tata Motors, Sterlite, SKF, Thermax, and Cummins.
The company also expressed appreciation to Mr. Rajendra Mehta for his contributions to Suzlon over the past nearly four years.
ESG and Sustainability Achievements
During Suzlon Q1 FY27, the company announced several sustainability and ESG milestones:
- Became the only Indian company featured in the S&P Global Sustainability Yearbook 2026.
- Achieved Platinum-Level Zero Waste to Landfill and Single-Use Plastic-Free certifications across all 12 assessed manufacturing facilities.
- Earned the ISO 20400:2017 Sustainable Procurement Certification for responsible sourcing practices.
- Received an ‘Excellent’ ESG rating from ESGRisk.ai, the highest in the Electrical Equipment industry.
- Won two Diamond, one Platinum, and one Gold awards at the Global ESG Awards 2026 for ESG leadership.
- Achieved Single-Use Plastic-Free Certification from SGS India across all OMS sites in seven states.
- Legal Recognition
Suzlon also received the Legal Team of the Year – Mid Size award at the Legal Era Indian Legal Awards 2026 for its AI-led legal transformation.
