Suzlon Energy Limited announced its Q2 FY27 results on 29 October 2026. The company reported consolidated revenue from operations of ₹4,869.05 crore, registering a 26% YoY increase. Consolidated net profit stood at ₹394.15 crore, compared with ₹1,279.44 crore in Q2 FY26. The company also reported record Q2 deliveries of 710 MW and commissioning of 454 MW.
Suzlon’s Q2 FY27 Earnings
Suzlon Energy Limited reported the following consolidated financial results for the quarter ended 30 September 2026:
| Particulars | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY Change |
|---|---|---|---|---|
| Revenue from Operations | ₹4,869.05 crore | ₹3,819.36 crore | ₹3,865.54 crore | +26.0% |
| Total Income | ₹4,908.04 crore | ₹3,862.53 crore | ₹3,897.33 crore | +25.9% |
| Profit Before Tax (PBT) | ₹518.21 crore | ₹389.47 crore | ₹562.50 crore | -7.9% |
| Net Profit After Tax (PAT) | ₹394.15 crore | ₹305.22 crore | ₹1,279.44 crore | -69.2% |
| Earnings Per Share (EPS) | ₹0.29 | ₹0.22 | ₹0.93 | -68.8% |
Note: Q2 FY26 PAT included a deferred tax asset creation of ₹891 crore. Excluding this impact, comparable PAT was ₹389 crore, representing a 1.3% YoY increase in Q2 FY27.
Segment Revenue & Business Metrics
Suzlon reported revenue across its renewable energy solutions, RE asset management services, foundry and forging, and other business segments.
| Segment | Q2 FY27 Revenue |
|---|---|
| Renewable Energy Solutions | ₹4,211.56 crore |
| RE Asset Management Services | ₹639.63 crore |
| Foundry & Forging | ₹167.15 crore |
| Others | ₹3.07 crore |
| Total Segment Revenue | ₹5,021.41 crore |
| Less: Inter-segment Revenue | ₹152.36 crore |
| Revenue from Operations | ₹4,869.05 crore |
The Renewable Energy Solutions segment contributed to the largest share of revenue, followed by RE Asset Management Services.
Suzlon Share Price Reaction After Q2 FY27 Results
| Metric | Details |
|---|---|
| Results announcement date | 29 October 2026 |
| Market reaction | Shares fell 1.53% after results |
| Share price after results | ₹36.82 |
| Previous close | ₹37.30 |
| Revenue from operations | ₹4,869.05 crore |
| Revenue growth YoY | +26.0% |
| Net profit | ₹394.15 crore |
| Net profit growth YoY | -69.2% |
Suzlon vs Other Renewable Energy Companies
| Company | Revenue from Operations (Q2 FY27) | Revenue Growth YoY | Net Profit (Q2 FY27) | Net Profit Growth YoY |
|---|---|---|---|---|
| Suzlon Energy | ₹4,869.05 crore | +26.0% | ₹394.15 crore | -69.2% |
| Inox Wind | Results awaited | — | Results awaited | — |
| Waaree Energies | Results awaited | — | Results awaited | — |
| Premier Energies | Results awaited | — | Results awaited | — |
Disclaimer: This comparison is for informational and educational purposes only and is not investment advice. Figures are based on company disclosures and reports available as of 29 October 2026; refer to official BSE/NSE filings for the latest and complete financials.
Suzlon’s Quarterly Financial Performance
The table below presents Suzlon’s consolidated quarterly financial performance for Q2 FY27, Q1 FY27 and Q2 FY26.
| Particulars | Q2 FY27 | Q1 FY27 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹4,869.05 crore | ₹3,819.36 crore | ₹3,865.54 crore |
| Total Income | ₹4,908.04 crore | ₹3,862.53 crore | ₹3,897.33 crore |
| Profit Before Tax | ₹518.21 crore | ₹389.47 crore | ₹562.50 crore |
| Net Profit | ₹394.15 crore | ₹305.22 crore | ₹1,279.44 crore |
| EPS | ₹0.29 | ₹0.22 | ₹0.93 |
Key Takeaways from Suzlon Q2 FY27 Results
- Revenue growth: Consolidated revenue from operations increased 26% YoY to ₹4,869.05 crore.
- Sequential performance: Revenue grew 27% QoQ, while net profit increased 29% QoQ.
- Net profit: Consolidated net profit stood at ₹394.15 crore. Q2 FY26 included a deferred tax asset creation of ₹891 crore.
- Record deliveries: Suzlon reported Q2 deliveries of 710 MW, up 26% YoY and 40% QoQ.
- Commissioning: The company commissioned 454 MW during the quarter, registering 196% YoY and 69% QoQ growth.
- Order book: Suzlon reported an order book of over 6 GW, with 1.5+ GW order intake in H1 FY27.
- Net worth: Consolidated net worth crossed ₹10,000 crore, reaching ₹10,277 crore.
- Credit rating: CRISIL upgraded Suzlon Energy Limited’s long-term rating to AA-/Stable and short-term rating to A1+.
Disclaimer
The information provided above is for informational and educational purposes only and should not be construed as investment advice, a recommendation to buy or sell shares, or a guarantee of future performance. The financial results, operational metrics, share price data and industry comparisons are based on information available as of October 2026 and may be subject to revisions or updates. Investors should refer to official company disclosures and stock exchange filings for the latest information.
