Suzlon Energy Q2 Results FY2025-26: Suzlon Energy on Tuesday (November 4) announced its quarterly results for July to September quarter of the current
financial year (Q2 FY2026). As per the balance sheet, Suzlon Energy's consolidated profit stood at Rs 1279.44 crore in the second quarter. The renewable energy company had made a profit of Rs 200.20 crore in the same quarter a year ago. This represents a gain of 536 per cent on YoY. On QoQ basis, Suzlon Energy's profit jumped by 475 per cent from Rs 324.32 crore. The company said that its profit was driven by robust operational execution and an incremental deferred tax assets (DTA) of Rs 717 crore. Even after the adjustment of Rs 717 crore, Suzlon's profit in Q2 was up more than 150 per cent. Suzlon Energy said that its revenue from operations in the reporting quarter came in at Rs 3,865.54 crore, up more than 80 per cent from Rs 2,092.99 crore posted in the September quarter of the previous fiscal. Suzlon Energy said that its total income came in at Rs 3,897.33 crore while expenses jumped more than 50 per cent to Rs 3,334.83 crore in the quarter versus Rs 1,919.65 crore in the same three-month quarter of FY 2025. EBITDA in the quarter under review stood at Rs 721 crore, up 145 per cent on YoY basis, the company said. Suzlon Energu said that its orderbook crossed 6 GW; 2+ GW additions in H1 FY26 taking it to 6.2 GW in the quarter. At the end of Q2 FY2026, Suzlon's net cash position was at Rs 1,480 crore. Suzlon said that its target is to reach 122 GW wind capacity by FY32 with wind dominant in hybrid, RTC, and FDRE projects. The annual installations are expected to cross 6 GW this year. “We are happy to report highest-ever Q2 deliveries in India which led to strong performance and profitability. Our orderbook of 6.2 GW reaffirms the strength of our strategy and execution. With a clear focus on our core businesses, fully augmented largest domestic manufacturing capacity, and world-class products designed and made in India, we are best placed in the industry. As India’s wind market gears up for installations of 6 GW in FY26, and 8 GW in FY27, we will continue to drive sustainable, profitable growth,” JP Chalasani, Chief Executive Officer, Suzlon Group, said. Meanwhile, Suzlon Energy shares jumped 3 per cent to trade at Rs 60.95 after the announcement of Q2 results. (Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
