Suzlon Posts Strong Q1 FY27 Results, Pushing Revenue Up 23% and Reaching Highest Ever Deliveries

Suzlon Posts Strong Q1 FY27 Results, Pushing Revenue Up 23% and Reaching Highest Ever Deliveries​

Pune, India — Suzlon Energy Limited reported robust consolidated financial results for the first quarter of fiscal year 2027 (Q1 FY27), announcing a 23% year-on-year increase in revenue. The company also highlighted achieving its highest ever Q1 deliveries milestone.

The Board of Directors approved the unaudited limited reviewed financial results on standalone and consolidated basis for the quarter ended June 30, 2026. Management introduced the "Suzlon 2.0" strategy, focusing on four strategic growth engines: RE Technology, RE Development Company (DevCo), RE Projects, and RE Asset Management Services (AMS).

Financial Performance Highlights​

Consolidated results showed Net Revenue reaching 3,819 crore in Q1 FY27, up significantly compared to the previous year. Profit figures were reported as follows:

• Net Revenue: 3,819 crore
• EBITDA: 595 crore (margin of 15.6%)
• Profit Before Tax: 390 crore
• Net Profit After Tax: 305 crore

The company's overall business health was supported by a strong order book and execution capability, with the cumulative order book standing at approximately 6.1 GW. These orders are sourced largely from PSU and C&I sectors.

Operational Excellence and Deliveries​

Suzlon reported several significant operational milestones during the quarter:

• Deliveries: The company achieved its highest-ever Q1 deliveries of 506 MW, marking a 14% increase year-on-year.
• Commissioning: Commissioning stood at 269 MW, which represents a 2.3 times increase compared to the previous year.
• New Orders: The company secured new orders totaling around 1 GW from customers such as Tata Power and Sunsure Energy, among others.

The company also unveiled its S175 (5 MW) platform in India and Europe, securing its first order in India.

Corporate Developments and Strategy Expansion​

Beyond the operational performance, Suzlon announced strategic expansions and organizational changes:

• International Expansion: The Board approved the setup of a wholly-owned subsidiary in Singapore to augment the international wind energy and Operations & Maintenance Service (OMS) business.
• Manufacturing Boost: Suzlon doubled its rotor blade manufacturing capacity at the Jaisalmer facility, expanding it from 630 MW to 1,260 MW by adding two new manufacturing lines capable of producing S144 and S175 rotor blades.

Financial Snapshot (Consolidated)​

The following table provides a comparison of consolidated key metrics for Q1 FY27 against comparable previous periods:

Additional Business Updates​

Entity Management: The Group aligned the nomenclature of certain reporting segments with its 'Suzlon 2.0' vision. The 'Wind Turbine Generator' segment was renamed 'Renewable Energy Solutions', and the 'Operation & Maintenance Service' segment was renamed 'RE Asset Management Services'.

Share Issuance: The company also approved several allotments of equity shares in dematerialized form for eligible employees under the Employee Stock Options Plan 2022 (ESOP 2022), spanning grants from April 13, 2026, through July 9, 2026.

Exceptional Items: Exceptional items reported during the quarter included a total of (70.00) crore in consolidated results due to the gain from settlement of a contractual matter.

SUZLON Stock Price Movement​

As of 2:01 PM, shares of Suzlon Energy Limited are slipping by 4.16% in live trading, currently at ₹50.94 after shedding ₹2.21 intraday. The stock has traded a volume exceeding 61.6 million shares during the active session.