Suzlon Energy Ltd.Record Deliveries, Reaffirms FY26 Guidance

Suzlon Energy delivered a record-breaking quarter with 617 MW of installations in Q3 FY26, the highest quarterly deliveries in India since inception.

Revenue reached ₹4,228 crores, while EBITDA surged 48% year-on-year to ₹739 crores and PAT stood at ₹445 crores. For nine months FY26, the company delivered 1,625 MW, already surpassing the full FY25 total of 1,550 MW, with revenue growing 58% to ₹11,211 crores. The company maintains a robust order book of 6.4 GW with a strong book-to-bill ratio of 1.9x. Management reaffirmed FY26 guidance of 60% year-on-year growth with complete confidence, noting that execution constraints at project sites, not demand or manufacturing capacity, limit faster delivery.

Suzlon holds a net cash position of ₹1,556 crores and benefits from ₹1,100 crores in deferred tax assets. The company is expanding internationally with focus on Europe, Australia, South Africa, and Middle East markets, expecting order announcements in FY27 and revenue flow beginning FY28. Suzlon earned global recognition as the only Indian company among the top ten most sustainable corporations worldwide.