Higher Deliveries Push Suzlon’s Revenue Up 26% YoY in Q2 FY 2027
The company reported a profit of ₹3.94 billion during the quarter
October 30, 2026
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Wind turbine manufacturer Suzlon Energy posted revenue of ₹48.69 billion (~$511.25 million) in the second quarter (Q2) of financial year (FY) 2027, up 26% year-over-year (YoY) from ₹38.66 billion (~$405.88 million).
The company attributed the revenue increase to higher deliveries during the quarter.
The company reported a profit after tax of ₹3.94 billion (~$41.39 million) during the quarter, down 69.2% from ₹12.79 billion (~$134.34 million) the previous year.
Earnings before interest, taxes, depreciation, and amortization stood at ₹7.20 billion (~$75.60 million), marginally lower than ₹7.21 billion (~$75.71 million) in the same period last year.
Diluted earnings per share (EPS) for the quarter stood at ₹0.29 (~$0.003), down 68.8% from ₹0.93 (~$0.009) the previous year.
The company’s net worth crossed ₹100 billion during the quarter. Net deliveries during the quarter stood at 710 MW.
Suzlon commissioned 454 MW during the quarter (up 69% QoQ and 196% YoY), with over 1.25 GW of turbines in the pipeline.
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 share to 38% further reflects our expanding role in end-to-end project execution.”
1H FY 2026
Suzlon Energy reported revenue of ₹86.88 billion (~$912.28 million) in the first half (1H) of FY 2026-27, up 24.4% from ₹69.83 billion (~$733.20 million).
Profit came in at ₹6.99 billion (~$73.43 million), down 56.4% YoY from ₹16.04 billion (~$168.39 million).
EBITDA stood at ₹13.15 billion (~$138.08 million), down marginally from ₹13.20 billion (~$138.60 million) the year before.
Diluted EPS stood at ₹0.51 (~$0.005355), down 56.4% YoY from ₹1.17 (~$0.012285).
Business Highlights
Suzlon achieved 723 MW commissioning capacity in 1H FY 2027, reflecting strong execution momentum.
In September this year, Suzlon bagged an order from independent power producer Ayana Renewable Power to supply 64 wind turbine generators for a 200 MW wind energy project in Limbawas, Madhya Pradesh.
The company reported an order book of 6,009 MW, with EPC accounting for 38% of the order book, against its FY28 target of 50%.
The company reported revenue of ₹38.19 billion (~$397.94 million) in Q1 FY 2027, up 22.5% YoY from ₹31.17 billion (~$324.79 million) in the prior quarter.
