Suzlon Energy Q1 FY 2026-27 Results: Net Profit Falls 6% To ₹305 Crore, Revenue Rises 23%; Shares Drop Over 6%

Suzlon Energy reported a mixed performance for the quarter ended June 2026 (Q1 FY27) on Tuesday, July 28, during market hours, as higher project execution lifted revenue, but margin pressure led to a decline in profit. The wind turbine manufacturer also reported record first-quarter deliveries and added nearly 1 GW of fresh orders during the quarter.

The company reported a consolidated net profit of ₹305 crore for Q1 FY2026-27, down 6% from ₹324 crore in the corresponding quarter last year.

Revenue from operations increased 23% year-on-year to ₹3,819 crore, compared with ₹3,117 crore a year earlier.

At the operating level, EBITDA was largely unchanged at ₹585 crore, against ₹584 crore in Q1 FY2025-26. However, the EBITDA margin declined to 15.32% from 18.74% in the year-ago period.

Suzlon Energy Q1 FY 2026-27 Results: Order Book And Operational Highlights

Suzlon said it recorded its highest-ever first-quarter deliveries of 506 MW, up 14% from a year ago. Commissioning during the quarter stood at 269 MW, more than doubling from the corresponding period last year.

The company secured around 1 GW of new orders during the quarter, including EPC projects from Tata Power and the Waaree Group. Its total order book stood at around 6.1 GW as of June 30, with 84% of the orders coming from the public sector and commercial & industrial (C&I) segments.

Suzlon also doubled the capacity of its rotor blade manufacturing facility in Jaisalmer from 630 MW to 1,260 MW by adding two production lines. It said execution continued on the 1.2 GW NTPC project in Gujarat during the quarter.

Suzlon Energy Q1 FY 2026-27 Results: Management Commentary

Chief Financial Officer Rahul Jain said the company delivered healthy revenue growth during the quarter, reflecting strong project execution and deliveries.

He said EBITDA and profit margins remained in line with the company's expectations, as temporary logistics disruptions arising from geopolitical developments, strategic investments and changes in project scope and segment mix weighed on profitability.

Chief Executive Officer Ajay Kapur said the company began FY27 with strong execution momentum and added that the launch of the S175 FDRE-ready wind turbine, along with expanded manufacturing capacity at the Bhuj facility, has strengthened Suzlon's ability to meet future demand.

Suzlon Energy Share Price

Following the June-quarter results, Suzlon Energy shares declined 6.11% to ₹49.90 on the NSE. At the time of writing, the company had a market capitalisation of ₹68,499 crore.

Also Read - Godfrey Phillips India Q1 FY2026-27 Results: Net Profit Falls 44.3% To ₹198.39 Crore As Excise Duty Surges; Shares Drop Over 8%