reported a 5.75 per cent decline in consolidated net profit at ₹1,114 crore in Q4 FY26, even as revenue from operations rose 45 per cent to ₹5,468 crore, supported by strong execution and robust growth in its wind turbine generator (WTG) business.
The company’s consolidated net profit attributable to owners of the company stood at ₹1,114 crore in the fourth quarter, compared with ₹1,182 crore in the same period last year. The company said the quarterly impact on profit was primarily on account of a Deferred Tax Asset (DTA) charge.
For the full year, revenue from operations rose 53 per cent to ₹16,841 crore, while consolidated net profit also increased 53 per cent to ₹3,163 crore, reflecting strong execution across the wind energy business.
Revenue growth for the fourth quarter was driven by a 51 per cent rise in WTG revenues and nearly 18 per cent growth in operations and maintenance services, while the foundry and forging segment remained largely flat at ₹168 crore.
Despite the profit dip, the company posted its highest-ever India quarterly deliveries at 830 MW and annual deliveries of 2,456 MW, underscoring strong execution momentum in its core wind energy business. Suzlon’s consolidated orderbook stood at around 5.9 GW, with 66 per cent of orders coming from PSU and C&I customers, providing strong revenue visibility for upcoming quarters.
The company said its S144 platform continues to scale as a key growth driver, with cumulative order intake of around 9 GW. “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 per cent CAGR growth over the last three years. Together, these factors position Suzlon strongly to capitalize on the large market opportunity ahead, “stated Girish Tanti, Vice Chairman of the company.
Chief Executive Officer Ajay Kapur also stated that the company delivered record annual execution amid strong demand visibility.