February 5, 2026 | For Immediate Release
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Pune, India: Suzlon Group, India’s leading renewable energy provider, announced its third quarter results (Q3 FY26).
Girish Tanti, Vice Chairman, Suzlon Group, said, “We have initiated Suzlon 2.0, a comprehensive business transformation strategy aimed at establishing ourselves as a full-stack clean energy solutions conglomerate.
This strategic shift broadens our scope across wind, solar, storage, and emerging clean energy technologies,
enabling us to offer integrated solutions to our customers. Key growth priorities under Suzlon 2.0 include
launching DevCo as a standalone FDRE project development vertical, transforming OMS into a digital-first
platform, setting up smart manufacturing facilities, and capitalizing on global opportunities. Our recognition as
one of the world’s top 10 most sustainable companies underscores the success of this direction. As electric
mobility gains traction, AI capacity expands, and industrial decarbonisation accelerates, the green transition is
gaining significant momentum.”
JP Chalasani, Chief Executive Officer, Suzlon Group, said, “Our closing order book of 6.4 GW stands higher than
the opening orderbook for the quarter, despite the highest-ever deliveries in 30 years. This reflects the demand
for our solutions and the effectiveness of our execution. Our balanced EPC strategy – targeting around 50% share
of the EPC business by 2028 is progressing steadily, with the EPC share increasing from 20% to 27% this quarter.
Our project development pipeline of 25+ GW is also complementing this strategy to augur growth for us. The
success of this shift is enhancing revenue visibility, improving project control, and will continue to be a big growth
driver for the group.”
Rahul Jain, Chief Financial Officer, Suzlon Group, said, “Q3 FY26 marks another milestone in Suzlon’s growth
journey, with our highest-ever quarterly deliveries of 617 MW in India resulting in strong upswing across all
financial metrics. Our performance in the first nine months – driven by 66% growth in deliveries, and a 77%
increase in EBITDA – demonstrates the strength of our integrated business model and disciplined execution.
Driven by strong fundamentals, rising C&I demand, and a market shift towards FDRE tenders, our accelerated
execution ramp-up is translating into robust operating performance. As India’s wind sector accelerates, Suzlon’s
end-to-end capabilities, competitive cost structure, and customer-centric approach position us uniquely to
deliver sustainable value for all stakeholders.”
(Rs Crores)
| Particulars | Q3 FY26 Unaudited |
Q3 FY25 Unaudited |
Q2 FY26 Unaudited |
FY25 Audited |
| Net Volumes (MW) | 617 | 447 | 565 | 1,550 |
| Revenue from operations | 4,228 | 2,969 | 3,866 | 10,851 |
| EBITDA | 739 | 500 | 721 | 1,857 |
| EBITDA Margin | 17.5% | 16.8% | 18.6% | 17.1% |
| Net Finance Cost | 92 | 42 | 83 | 151 |
| Profit Before Tax | 567 | 391 | 562 | 1,447 |
| Net Profit After Tax | 445 | 388 | 1,279 | 2,072 |
Transformational NEP 2026 roadmap will ensure 24×7 reliable and affordable electricity and accelerate clean energy transition
Lowering of duties for critical sub-components – special bearings, gearboxes, controllers, blade parts to boost domestic content
Bringing wind under the national manufacturing mandate, one-time SEZ-to-DTA sales will unlock wind potential
Higher grid capex, storage manufacturing incentives, and clearance of legacy GBI dues improve grid readiness, enhance project bankability
Suzlon named among the world’s
top 10 most sustainable
companies.
Suzlon climbed 81 ranks on the ET500, reflecting strong business momentum.
Suzlon bagged two Silver and one Gold awards at the Indian Green Manufacturing Challenge 2025 for sustainable practices and manufacturing
Suzlon secured a Silver award for Technology Excellence from the Brandon Hall Group for technology leadership
Suzlon Foundation received recognition for its outstanding contribution at the CSR Conclave and Awards 2025.
Recognised for quality excellence, Suzlon won Gold at QCFI’s International Convention of Quality Concepts.
About The Suzlon Group
The Suzlon Group is a leading global renewable energy solutions provider, with ~21.5 GW* of wind energy capacity
installed across 17 countries. Headquartered at Suzlon One Earth in Pune, India, the Group includes Suzlon Energy Limited
(NSE: SUZLON, BSE: 532667) and its subsidiaries. A vertically integrated organisation, Suzlon has in-house R&D centres in
Germany, the Netherlands, Denmark, and India, and world-class manufacturing facilities across India. With 30 years of
operational excellence and a diverse workforce of 8,500+ employees, Suzlon is India’s No. 1 Renewable Energy Solutions
company, having an installed base of 15.5 GW of assets and an additional ~6 GW installed outside India. Its portfolio
includes the advanced 2.x MW and 3.x MW series of wind turbines.
*Global installations of Suzlon-manufactured wind turbine generators. Data as of 30th December 2025
Suzlon corporate website: www.suzlon.com