Suzlon Energy, a leading provider of wind energy solutions, has announced a remarkable surge in its financial performance for the second quarter of fiscal year 2026. The company reported a consolidated net profit of ₹1,279 crore, a staggering 539% increase compared to ₹200 crore in the same quarter of the previous year. This marks the company's highest profit in three decades.

The company's revenue from operations also witnessed substantial growth, soaring by 85% to ₹3,866 crore in Q2 FY26, compared to ₹2,093 crore in the corresponding quarter of the previous fiscal year. This impressive revenue growth is attributed to strong execution and increased delivery volumes.

Suzlon's operating performance also improved significantly, with earnings before interest, taxes, depreciation, and amortization (EBITDA) rising by 145% to ₹721 crore. The EBITDA margin expanded to 18.6% compared to 14.1% in the same period last year.

Girish Tanti, Vice Chairman of Suzlon Group, stated that Suzlon is building a future-ready organization focused on sustainable growth, which is reflected in the company's consistent performance over the last 11 quarters across PAT (profit after tax), revenue, and EBITDA.

The company's order book has crossed the 6 GW mark, with over 2 GW of new additions in H1 FY26, bringing the total to 6.2 GW. This provides clear visibility for future revenue growth. Suzlon's highest-ever second-quarter deliveries in India stood at 565 MW, demonstrating strong operational performance. The company's Wind Turbine Generator (WTG) business continues to show robust growth, supported by strong operating leverage and improving execution efficiencies.

Suzlon maintains a strong financial position with a net cash balance of ₹1,480 crore as of September 30, 2025. This provides financial flexibility for future growth initiatives.

The company recognized incremental deferred tax assets (DTA) of ₹717 crore during the quarter, resulting in a profit after tax (PAT) of ₹1,279 crore.

Suzlon Energy is targeting 122 GW of wind capacity by FY32, with wind expected to play a dominant role in hybrid, round-the-clock (RTC), and firm and dispatchable renewable energy (FDRE) projects.

Following the earnings announcement, Suzlon Energy shares were trading at ₹59.94 apiece on NSE, up 1.18%.

Suzlon Energy is a leading renewable energy solutions provider, primarily engaged in the manufacturing of wind turbines and offering an array of solar energy services, including project planning, installation, and asset management. As of September 2025, promoters held an 11.73% stake in the company.