Suzlon Energy Q2 Result: Profit Rises 538% to ₹1,279 Cr, Helped by Deferred Tax Gains

Suzlon Energy, one of India’s leading renewable energy companies, has announced its results for the second quarter of the financial year 2025-26 (July to September 2025). The company performed extremely well and achieved its highest-ever quarterly profit. Over the past month, Suzlon’s share price has gained nearly 10%, reflecting investor optimism. Here’s a closer look at its Q2 results.

Strong Financial Performance

Suzlon’s business showed big improvements compared to the same time last year.

• The company earned ₹3,865 crore in revenue, which is 85% higher than last year.
• Its profit before tax (PBT) was ₹562 crore, showing a 179% jump.
• Suzlon’s profit after tax (PAT) reached ₹1,279 crore, a 538% increase over the previous year, aided by the recognition of ₹718 crore in deferred tax assets during the quarter.
• The company also reported ₹721 crore in EBITDA, up 145% year-on-year.
• Suzlon’s total order book crossed 6.2 gigawatts (GW), showing strong demand for its wind turbines.

This was Suzlon’s best Q2 performance in 30 years. It also achieved its highest-ever deliveries in India, 565 MW of wind turbines during the quarter.

A Healthy Financial Position

By the end of September 2025, Suzlon had ₹1,480 crore in net cash, which means it has enough money to grow its business and meet future needs. The company also mentioned that its working capital lines (short-term funds used for daily operations) are well in place to support faster project execution.

Big Demand for Wind Energy

India is working toward a clean energy future. The government plans to install 122 GW of wind energy by 2032 and 400 GW by 2047. The government has also:

• Reduced GST on wind turbines from 12% to 5%, making wind power cheaper
• Announced new policies to support local manufacturing

Because of these steps, the wind energy market is growing fast. Suzlon expects more than 6 GW of new installations in FY26 itself.

Suzlon’s Strengths

Suzlon is India’s No.1 wind energy solutions provider. It has:

• India’s largest domestic wind manufacturing capacity of 4.5 GW
• A strong product line, including the S144 wind turbine, designed specially for Indian wind conditions
• More than 15.4 GW of wind projects installed across the country
• Over 8,300 employees working across India

The company’s Operation and Maintenance (O&M) business continues to perform steadily, ensuring turbines run smoothly for customers.

Leadership Message

Girish Tanti, Vice Chairman of Suzlon, said that the company’s steady growth shows that it is “future-ready” and committed to sustainable progress.
JP Chalasani, CEO, said that Suzlon’s strong order book and manufacturing capacity will help it grow even faster as India increases its wind energy installations.

Suzlon Energy Q2 FY26 Results: Key Takeaways for Investors

• Suzlon Energy delivered another strong quarter in Q2 FY26 (July–September 2025), backed by record deliveries, improved margins, and a healthy order pipeline.
• The company’s revenue grew 85% year-on-year to ₹3,865 crore, while EBITDA rose 145% to ₹721 crore. 
• Profit before tax stood at ₹562 crore, up 179%, and profit after tax reached ₹1,279 crore, a 538% increase, partly due to deferred tax gains.
• Suzlon achieved its highest-ever Q2 deliveries of 565 MW and expanded its order book to 6.2 GW, ensuring strong visibility for future revenues. 
• A net cash position of ₹1,480 crore and low debt underline its improved financial strength.
• Favourable policies, including a GST reduction on wind turbines from 12% to 5%, continue to support growth in India’s wind sector. 
• For investors, Suzlon’s consistent execution, strong balance sheet, and exposure to India’s expanding renewable energy market indicate sustained growth potential. 
• The management expects wind installations to touch 6 GW in FY26 and 8 GW in FY27, keeping Suzlon well-positioned for long-term value creation.

In Simple Words

Suzlon had an outstanding quarter. It sold more wind turbines, earned more revenue, and made its highest-ever profit. With India’s focus on renewable energy, the company is in a great position to grow further in the coming years.

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