Suzlon Energy reported a 69% decline in its consolidated net profit to ₹394 crore for the second quarter of the financial year 2026‑27 (Q2 FY27), compared with ₹1,279 crore in the same period last year. The company’s revenue from operations rose 26% to ₹4,875 crore in the July‑September period, up from ₹3,871 crore YoY. Earnings before interest, taxes, depreciation and amortisation (EBITDA) fell marginally to ₹719 crore from ₹721 crore, while the EBITDA margin contracted to 14.7% from 18.6% YoY.

The order book exceeded 6 GW, with record first‑half FY27 deliveries and order intake of more than 1.5 GW. Suzlon achieved 723 MW commissioning in H1 FY27, reflecting strong execution momentum. Projects included Juniper Green Energy, Aditya Birla Renewables Limited, Zelestra and Brookfield Yanara. EPC projects accounted for 38% of the order book, up from 22% in Q1 FY26, aligning with the strategy to raise the EPC share to 50% by FY28. Public sector undertaking and commercial and industrial customers made up 78% of the total order book.

Chief Financial Officer Rahul Jain said, "Despite commodity and currency volatility, Suzlon delivered 26% YoY revenue growth to ₹4,875 crore in Q2 FY27, with EBITDA of ₹719 crore, reflecting disciplined execution and operating leverage. We are strengthening our manufacturing and execution capabilities while maintaining focus on margin, cash flow and disciplined capital allocation." He added that Q2 26 included a deferred tax asset creation of ₹891 crore; excluding this impact, the underlying year‑on‑year improvement in profitability is stronger.

Ajay Kapur, CEO of Suzlon Group, highlighted record Q2 deliveries of 710 MW and commissioning of 454 MW, noting stronger execution driving revenue growth. He added that H1 order intake exceeded 1.5 GW and the order book stood at over 6 GW, demonstrating the company’s ability to convert demand into deliveries while maintaining a strong pipeline for future growth. On Thursday, Suzlon Energy shares closed at ₹36.79 apiece on the National Stock Exchange, declining 1.37%. As of October 29, 2026, the company’s total market capitalisation stood at ₹50,573.64 crore.

Suzlon Energy’s net worth has crossed ₹10,000 crore. The company’s EBITDA margin contracted to 14.7% in Q2 FY27 from 18.6% YoY, while revenue grew 26% to ₹4,875 crore. Net profit fell 69% to ₹394 crore, and the company reported a deferred tax asset of ₹891 crore. Despite these declines, the firm maintains a robust order pipeline, with EPC projects comprising 38% of the book and a target of 50% by FY28. Suzlon continues to focus on manufacturing, execution, and disciplined capital allocation to support future growth.