Suzlon Energy Q1 results: Cons PAT jumps 7% YoY to Rs 324 crore; revenue soars 55%
ADVERTISEMENT The wind energy major's revenue from operations surged nearly 55% to Rs 3,117 crore from Rs 2,016 crore a year ago, while the net volumes rose to 444 MW in Q1FY26, up from 274 MW in Q1FY25.
The company's EBITDA stood at Rs 599 crore, marking a solid 62% jump over Rs 370 crore last year, as the company benefited from operating leverage and cost efficiencies. The EBITDA margin improved to 19.2% from 18.4% a year earlier, underlining Suzlon's efforts to keep expenses in check while scaling operations.
Suzlon Energy achieved its highest-ever Q1 deliveries at 444 MW, supported by a robust order pipeline. This marked the 10th consecutive quarter of order book growth, with the company receiving 1 GW of new orders during the period.Suzlon's total order book now stands at 5.7 GW, with 75% comprising Commercial & Industrial (C&I) and PSU orders. Target of 122 GW wind capacity by FY32 with wind dominant in hybrid, RTC, and FDRE projects.
C&I sector to require 78 GW renewable energy by FY30. India is poised to become a global export hub for wind turbine components.
Significant repowering opportunity of ~25.4 GW in existing projects. 'The energy sector is undergoing a structural shift where winddominant FDRE and RTC solutions are essential for delivering firm, reliable, and affordable clean power to India. The rising demand from C&I and PSU customers, along with a strong base of repeat orders, reflects the trust in Suzlon's technology leadership and execution capabilities. India achieving 50% non-fossil fuel capacity well ahead of its target are reshaping the manufacturing ecosystem. With our integrated domestic value chain, Suzlon is best positioned to leverage this momentum and drive India's clean energy economy forward,' said Girish Tanti, Vice Chairman of Suzlon Group.
ADVERTISEMENT Suzlon Energy shares on Tuesday closed flat at Rs 63.12 on the BSE. Unlock 500+ Stock Recos on App (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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