Business1 min read

Suzlon Energy Q2 profit up 1.3%, revenue rises 26%

By · Published by Everything Blog

In short

The manufacturer saw quarterly operational revenue jump to ₹4,869 crore, propelled by a 30% surge in its core renewable energy solutions business. Wind turbine deliveries climbed to 710 MW alongside 454 MW in commissionings, elevating the company's total order book past 6 GW. However, earnings before interest, tax, depreciation, and amortisation stagnated at ₹720 crore, causing the operating margin to narrow to 14.8%.

Key points

  • Expanding deliveries and commissionings helped lift the total order book above 6 GW.: Expanding deliveries and commissionings helped lift the total order book above 6 GW.
  • Operational order intake surpassed 1.5 GW during the first half of the financial year.: Operational order intake surpassed 1.5 GW during the first half of the financial year.
  • Operating margins declined by 3.8 percentage points to 14.8% due to essentially flat EBIT…: Operating margins declined by 3.8 percentage points to 14.8% due to essentially flat EBITDA.

Sources checked by our analysis pipeline: 1

Revenue from operations rose 26% year-on-year to ₹4,869 crore in the quarter, driven by higher wind turbine deliveries. The company delivered 710 MW during the quarter, compared with 565 MW a year earlier. Its order book exceeded 6 GW at the end of the quarter, while order intake crossed 1.5 GW in the first half of FY27.

"Our record Q2 deliveries of 710 MW and strong commissioning of 454 MW reflect stronger execution and are driving revenue growth. With H1 order intake exceeding 1.5+ GW and an order book of 6+ GW, we are demonstrating our ability to convert demand into deliveries," said Ajay Kapur, chief executive officer, Suzlon Group.

Read more: Trent Q2 Results: Cons profit jumps 25% YoY to Rs 468 crore; revenue climbs 22%

Despite the revenue growth, earnings before interest, tax, depreciation and amortisation (EBITDA) remained flat at ₹ 720 crore, compared with Rs 721 crore in the year-ago quarter. The EBITDA margin narrowed to 14.8% from 18.6%, a decline of 3.8 percentage points.

Read more: IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore;…

Business