Suzlon net profit dips over 5 pc to Rs 1,114 cr on Q4

New Delhi, May 25 (PTI) Suzlon Energy on Monday reported a 5.6 per cent dip in its consolidated net profit to Rs 1,114 crore in the March quarter of FY26, mainly due to lesser benefit of deferred tax credit.

The consolidated net profit stood at Rs 1,181 crore in the quarter ended March 2025, Suzlon Energy said in a statement.

The company got a deferred tax benefit of Rs 284.32 crore in the reporting quarter, lower than the Rs 600.75 crore received during the same period a year ago.

However, revenue from operations rose to Rs 5,468 crore in the latest fourth quarter from Rs 3,774 crore in the same period a year ago.

During the full fiscal 2025-26, the consolidated net profit rose to Rs 3,163 crore from Rs 2,072 crore a year ago.

Revenue from operations

also increased to Rs 16,679 crore in FY26 from Rs 10,851 crore a year ago.

Girish Tanti, Vice Chairman, Suzlon Group, said in the statement that the company’s flagship S144 platform has already achieved 9GW of cumulative order intake, and the WTG business has delivered 55 per cent CAGR growth over the last three years.

Ajay Kapur, Chief Executive Officer, Suzlon Group, said the company is happy to deliver the highest-ever India annual deliveries at 2.5 GW in FY26, reflecting strong execution across the business.

Having a healthy order book of 5.9 GW, with 66 per cent coming from the public sector and commercial & industrial segment, the company continues to see strong demand for wind energy solutions, he added.

Rahul Jain, Chief Financial Officer, Suzlon Group, said that in FY26, the company delivered a 67 per cent growth in Profit Before Tax, while maintaining a healthy cash position of Rs 2,384 crore as of March 31, 2026. PTI KKS HVA