Suzlon Group has closed FY26 on a high note, posting strong growth across volumes, revenue, and profitability, driven by continued momentum in India’s wind energy expansion.

 

The company’s net operational volumes surged to 830 MW in Q4 FY26, up from 617 MW in Q3 and 573 MW in the same quarter last year. For the full year, volumes climbed 58.5% to 2,456 MW versus 1,550 MW in FY25—marking a significant scale-up in execution.

 

This operational strength translated directly into revenue acceleration. Revenue from operations rose to Rs. 5,468 crore in Q4 FY26, compared with Rs. 4,228 crore in Q3 and Rs. 3,774 crore in Q4 FY25. Full-year revenue reached Rs. 16,679 crore, a 53.7% jump over FY25’s Rs. 10,851 crore. 

 

EBITDA for the quarter came in at Rs. 964 crore, up from Rs. 739 crore in Q3 and Rs. 693 crore a year earlier, with margins steady at 17.6%. For FY26, EBITDA surged 62.7% to Rs. 3,022 crore, and margins improved to 18.1%, up 100 basis points year-on-year.

 

Finance costs stood at Rs. 108 crore for the quarter, taking the annual figure to Rs. 352 crore versus Rs. 151 crore in FY25.

 

Profit Before Tax (PBT) rose to Rs. 833 crore in Q4 FY26, compared to Rs. 567 crore in Q3 and Rs. 551 crore in Q4 FY25. For the full year, PBT reached Rs. 2,422 crore, up sharply from Rs. 1,447 crore in the previous fiscal.

 

Net Profit After Tax (PAT) stood at Rs. 1,114 crore in Q4 FY26, up from Rs. 445 crore in Q3 and slightly below Rs. 1,181 crore in Q4 FY25. For the full year, PAT crossed a key milestone, reaching Rs. 3,163 crores versus Rs. 2,072 crore in FY25.

 

Girish Tanti, Vice Chairman, Suzlon Group, said, "The world has entered the age of electricity where energy security is accelerating the shift towards renewables driven by domestic energy availability. At the same time, India is witnessing strong peak power demand growth, increasing the strategic importance of wind energy in enabling reliable FDRE solutions. 

 

"In alignment with these structural shifts, we have significantly strengthened our financial position to prepare for the next phase of growth. 

 

"Our flagship S144 platform has already achieved ~9GW of cumulative order intake and the WTG business has delivered 55% CAGR growth over the last three years. Together, these factors position Suzlon strongly to capitalize on the large market opportunity ahead."

 

Ajay Kapur, Chief Executive Officer, Suzlon Group, said, "We are happy to deliver highest-ever India annual deliveries at ~2.5 GW in FY26, reflecting strong execution across the business. 

 

"Our healthy order book of ~5.9 GW with 66% coming from PSU and C&I segment, we continue to see strong demand for wind energy solutions. Our current orderbook provides strong revenue visibility with execution ramp up expected over the next few quarters."