Pune: Suzlon Group, a wind-first, full-stack renewable energy solutions provider, announced its second-quarter results for Suzlon Q2 FY27, reporting a 26% year-on-year increase in revenue to ₹4,869 crore.
The company said the performance was supported by record Q2 deliveries of 710 MW and strong project commissioning.
For Suzlon Q2 FY27, revenue from operations stood at ₹4,869 crore, compared with ₹3,866 crore in Q2 FY26 and ₹3,819 crore in Q1 FY27.
The company reported 27% quarter-on-quarter revenue growth. Net deliveries during Suzlon Q2 FY27 stood at a record 710 MW, compared with 506 MW in Q1 FY27 and 565 MW in Q2 FY26, marking 40% quarter-on-quarter growth.
Suzlon Q2 FY27 EBITDA at ₹720 Crore
EBITDA for Suzlon Q2 FY27 stood at ₹720 crore, compared with ₹595 crore in Q1 FY27 and ₹721 crore in Q2 FY26. EBITDA increased 21% sequentially, while the EBITDA margin stood at 14.8%, compared with 15.6% in Q1 FY27 and 18.6% in Q2 FY26.
Profit before tax during Suzlon Q2 FY27 stood at ₹518 crore, compared with ₹390 crore in Q1 FY27 and ₹562 crore in Q2 FY26. Net profit after tax was ₹394 crore in Q2 FY27, compared with ₹305 crore in Q1 FY27.
Reported PAT in Q2 FY26 was ₹1,279 crore, while comparable PAT stood at ₹389 crore after adjusting for the deferred tax asset creation.
Suzlon said Q2 FY26 included deferred tax asset creation of ₹891 crore. According to the company, excluding this impact, the underlying year-on-year improvement in profitability is stronger.
The company noted that comparable PAT actually increased 1.3% when the deferred tax asset impact is removed.
Suzlon Q2 FY27 Sees Record 710 MW Deliveries
A key highlight of Suzlon Q2 FY27 was the company’s record India deliveries of 710 MW. Suzlon also reported strong commissioning of 454 MW during the quarter, representing 69% quarter-on-quarter growth.
Ajay Kapur, Chief Executive Officer, Suzlon Group, said, “Our record Q2 deliveries of 710 MW and strong commissioning of 454 MW reflect stronger execution and are driving revenue growth.
With H1 order intake exceeding 1.5+ GW and an order book of 6+ GW, we are demonstrating our ability to convert demand into deliveries, while sustaining a strong pipeline for future growth.
The rising EPC to 38% share further reflects our expanding role in end-to-end project execution.”
The company reported that its order book had crossed 6 GW, while H1 FY27 deliveries reached their highest-ever level.
EPC accounted for 38% of the order book, in line with Suzlon’s stated strategy of increasing the EPC share to 50% by FY28.
PSU and C&I customers contributed 78% of the total order book.
Suzlon Q2 FY27 Order Intake Exceeds 1.5 GW in H1
During the first half of FY27, Suzlon recorded order intake of more than 1.5 GW. DevCo-led orders accounted for more than 70% of H1 order intake, at over 1.1 GW.
Girish Tanti, Vice Chairman and Co-founder, Suzlon Group, said, “Our Suzlon 2.0 strategy is turning our wind leadership into a full-stack renewable energy solutions business, delivering record throughput and execution at scale.
Our 1.1+ GW of DevCo-led orders show how fast we are accelerating project execution and capacity addition, driving India toward its 100 GW wind energy ambition by 2030. And, as we cross 22 GW of installed wind capacity globally, Suzlon stands among the world’s largest wind energy players.”
As part of Suzlon Q2 FY27, the company said its installed wind energy capacity globally crossed 22 GW.
Suzlon’s Chief Financial Officer Rahul Jain said, “Despite commodity and currency volatility, Suzlon delivered 26% YoY revenue growth to ₹4,869 crores in Q2 FY27, with EBITDA of ₹720 crores, reflecting disciplined execution and operating leverage.
We are strengthening our manufacturing and execution capabilities while maintaining focus on margin, cash flow and disciplined capital allocation. Q2 FY26 included a deferred tax asset creation of ₹891 crores; excluding this impact, the underlying year-on-year improvement in profitability is stronger.”
Suzlon Manufacturing Capacity at 4,500 MW
For Suzlon Q2 FY27, the company highlighted its domestic manufacturing capabilities.
Suzlon has one of India’s largest domestic wind turbine manufacturing capacities, at 4,500 MW, spread across 15 specialised hubs. This includes three smart factories located in Gujarat, Karnataka and Tamil Nadu.
The company also reported 723 MW of commissioning in H1 FY27, which it said reflected strong execution momentum.
The projects include those with Juniper Green Energy, Aditya Birla Renewables Limited, Zelestra, Brookfield and Yanara.
Suzlon Asset Management Services
As part of its renewable energy services portfolio, Suzlon’s Renewable Energy Asset Management Services combines three decades of wind energy expertise with a growing full-stack renewable energy services portfolio.
The company’s India business manages more than US$10 billion in assets, covering more than 16,000 MW of installed capacity, over 9,600 wind turbines, more than 110 sites and over 1,900 customers.
Suzlon CSR Initiatives Reach 2.33 Million Beneficiaries
During Suzlon Q2 FY27, the company also highlighted its corporate social responsibility initiatives. Suzlon said its CSR initiatives reach more than 2.33 million beneficiaries across more than 1,200 villages in eight states and two union territories, with support from more than 40 NGO partners.
The company’s “Powering Lives” initiative has impacted more than 43,000 people across 140 villages, while nature-positive programmes have restored 55 hectares of grassland and supported biodiversity conservation.
Suzlon Global Wind Capacity Crosses 22 GW
Suzlon said its installed wind energy capacity has crossed 22 GW across 17 countries.
The company reported revenues of more than USD 1.75 billion for FY26 and a market capitalization of more than USD 5.6 billion as of September 30, 2026.
The company described itself as a wind-first full-stack renewable energy solutions conglomerate, with businesses spanning renewable energy technology covering wind, solar and storage, renewable energy development, renewable energy projects and renewable energy asset management.
Suzlon is headquartered at Suzlon One Earth in Pune, India.
The company’s next-generation product portfolio includes 2.x MW, 3.x MW, 5.x MW and 6.x MW wind turbine systems alongside integrated renewable energy solutions.
Also Read: Suzlon Q1 FY27 Begins Strong with 506 MW Deliveries and 23% Revenue Growth
