Suzlon Energy Q1 results, quarter to Jun 2026

NSE: SUZLONBSE: 532667Electrical EquipmentMid Cap

Suzlon Energy Limited · Face value ₹2 · Listed Oct 2005

₹37.30₹0.38 (1.03%)BSE ₹37.33

Share price at the NSE close on 28 Oct 2026. Previous close ₹36.92.

28 Oct: open ₹37.15, high ₹37.69, low ₹36.73

52-week range of traded prices to 28 Oct 2026

₹36.31Low, 8 Oct 2026₹61.50High, 6 Nov 2025

Next results date: the board meets on 29 Oct 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹51,274 Cr158th largest listed
P/E: 16.31
P/B: 5.42
Dividend yield: Nonein the last 12 months
ROE: 40.4%
ROCE: 27.4%
Debt to equity: 0.03
Volume, NSE: 7,82,99,95738.6% delivered

Suzlon Energy filed its Q1 results for the quarter to Jun 2026 on 28 Jul 2026 at 3:10 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.Suzlon Energy annual results and balance sheet

Revenue: ₹3,829 Cr+22.3% on a year ago · −30.3% on the quarter before
Operating profit: ₹595 Cr−0.6% on a year ago · −38.3% on the quarter before
Net profit: ₹305 Cr−5.9% on a year ago · −72.6% on the quarter before
Earnings per share: ₹0.22−8.3% on a year ago · −72.8% on the quarter before
Operating margin: 15.5%
Net margin: 8.0%

From revenue to net profit, ₹ crore

Revenue3,829
Materials and goods−2,497
Employee costs−268
Other expenses−469
Operating profit595
Depreciation−106
Other income+33
Finance costs−134
Profit before tax389
Tax−84
Net profit305

Suzlon Energy results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹5,493 Cr, quarter to Mar 2026; lowest ₹1,421 Cr, quarter to Sep 2023

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023Filed 30 May	Jun 2023Q1Filed 25 Jul	Sep 2023	Dec 2023Q3Filed 31 Jan	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3Filed 28 Jan	Mar 2025Q4Filed 29 May	Jun 2025Q1	Sep 2025Q2Filed 4 Nov	Dec 2025Q3Filed 5 Feb	Mar 2026Q4Filed 25 May	Jun 2026Q1Filed 28 Jul
Revenue from operations	1,356	1,610	2,474	1,381	1,438	1,458	1,694	1,351	1,421	1,560	2,196	2,022	2,103	2,975	3,790	3,132	3,871	4,236	5,493	3,829
	1,123	1,324	2,258	1,166	1,268	1,243	1,461	1,152	1,196	1,313	1,839	1,652	1,809	2,475	3,096	2,533	3,150	3,498	4,529	3,234
Materials and goods bought	800	1,021	1,863	889	871	912	1,112	811	834	950	1,387	1,252	1,304	1,886	2,445	1,914	2,427	2,757	3,705	2,497
Employee costs	152	141	131	142	153	157	157	161	183	177	182	196	242	265	238	254	291	292	263	268
Other expenses	171	162	263	136	244	174	193	180	180	186	269	203	263	324	413	365	432	448	561	469
Operating profit before depreciation	233	286	217	214	170	215	233	199	225	248	357	370	294	500	693	599	721	738	964	595
Operating margin	17.2%	17.8%	8.8%	15.5%	11.8%	14.8%	13.7%	14.7%	15.8%	15.9%	16.3%	18.3%	14.0%	16.8%	18.3%	19.1%	18.6%	17.4%	17.5%	15.5%
Depreciation and amortisation	61	63	77	59	63	58	81	55	51	39	44	46	54	66	93	70	75	80	93	106
Other income	6	5	4	3	5	6	6	11	7	9	11	23	18	28	35	33	27	23	27	33
Finance costs	190	186	176	151	97	86	86	62	44	14	44	45	56	70	85	103	110	114	135	134
Profit before one-off items and tax	−13	42	−33	7	15	78	72	93	137	203	280	302	202	391	551	459	563	567	763	389
One-off items	0	0	0	2,469	0	0	252	8	−35	0	−27	0	0	0	0	0	0	0	70	0
Profit before tax	−13	42	−33	2,476	15	78	323	101	102	203	253	302	202	391	551	459	563	567	833	389
	0	5	160	44	−42	−1	3	0	0	0	−1	0	1	4	−630	135	−717	121	−281	84
Current tax	0	5	177	40	−38	−1	3	0	0	0	3	0	1	42	−29	1	1	2	3	1
Deferred tax	0	0	−17	4	−4	0	0	0	0	0	−4	0	0	−38	−601	134	−718	119	−284	84
Tax rate	–	11.5%	–	1.8%	−283.1%	−0.9%	1.0%	0.1%	0.1%	0.0%	−0.5%	0.1%	0.5%	0.9%	−114.2%	29.4%	−127.5%	21.4%	−33.7%	21.6%
Share of profit of joint ventures and associates	1	1	−13	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	−12	38	−206	2,433	56	78	320	101	102	203	254	302	201	388	1,181	324	1,279	445	1,114	305
Belonging to the company's shareholders	−11	38	−204	2,433	57	78	280	101	102	203	254	302	200	387	1,182	324	1,279	445	1,114	305
Belonging to outside owners of subsidiaries	−2	0	−1	−1	−1	0	40	0	0	0	0	0	0	1	−1	0	0	0	0	0
Other comprehensive income	−42	−45	−22	−40	30	−9	−16	4	31	0	31	−1	2	−1	−23	5	−2	0	5	−1
Total comprehensive income	−55	−8	−227	2,393	86	69	304	105	133	203	285	301	203	386	1,158	329	1,278	445	1,119	304
Net margin	−0.9%	2.3%	−8.3%	176.2%	3.9%	5.4%	18.9%	7.5%	7.2%	13.0%	11.6%	15.0%	9.5%	13.0%	31.2%	10.4%	33.1%	10.5%	20.3%	8.0%
Net margin without joint ventures and associates	−1.0%	2.3%	−7.8%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Earnings per share	−₹0.01	₹0.04	−₹0.22	₹2.57	₹0.06	₹0.07	₹0.24	₹0.08	₹0.08	₹0.15	₹0.19	₹0.22	₹0.15	₹0.28	₹0.87	₹0.24	₹0.93	₹0.32	₹0.81	₹0.22
Diluted earnings per share	−₹0.01	₹0.04	−₹0.22	₹2.48	₹0.06	₹0.07	₹0.24	₹0.08	₹0.08	₹0.15	₹0.19	₹0.22	₹0.15	₹0.28	₹0.86	₹0.24	₹0.93	₹0.32	₹0.81	₹0.22

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Suzlon Energy segment results by year

Foundry & Forging
Revenue, ₹ crore
124
89
158
92
84
146
168
146
121
161
168
126
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
3
0
22
1
−1
11
23
20
21
25
21
12
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Others
Revenue, ₹ crore
2
2
2
3
3
1
4
2
3
2
1
2
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
1
1
2
2
2
0
3
1
1
2
1
1
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Renewable Energy Solutions
Revenue, ₹ crore
3,174
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
264
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
RE Asset Management Services
Revenue, ₹ crore
632
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
212
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	1,482	1,609	2,266	2,076	2,159	3,063	3,905	3,227	3,940	4,356	5,606	3,934
Company revenue, as in its results	1,421	1,560	2,196	2,022	2,103	2,975	3,790	3,132	3,871	4,236	5,493	3,829
Revenue	875	1,004	1,532	1,497	1,507	2,336	3,142	2,495	3,241	3,563	4,742	–
Revenue growth	−2.7%	7.8%	37.1%	86.3%	72.1%	132.5%	105.1%	66.7%	115.0%	52.6%	50.9%	–
Profit	−7	6	66	124	43	226	418	339	478	443	594	–
Profit growth	–	–	–	2,192.4%	–	3,693.6%	537.1%	174.0%	1,016.8%	95.8%	42.1%	–
Margin	−0.8%	0.6%	4.3%	8.3%	2.8%	9.7%	13.3%	13.6%	14.8%	12.4%	12.5%	–
Assets	3,264	3,410	3,971	4,897	5,278	6,212	7,450	9,157	9,849	10,928	11,921	–
Liabilities	1,750	1,900	2,592	3,209	3,823	4,206	5,479	6,509	6,593	7,105	8,251	–
Capital employed	1,514	1,510	1,379	1,688	1,454	2,006	1,971	2,648	3,257	3,823	3,670	–
Revenue	480	514	574	484	566	580	591	584	575	629	695	–
Revenue growth	5.3%	7.8%	14.3%	−1.8%	17.7%	12.9%	3.0%	20.6%	1.7%	8.4%	17.6%	–
Profit	177	201	224	197	196	197	156	170	145	189	255	–
Profit growth	4.8%	19.2%	39.9%	45.4%	10.6%	−2.4%	−30.6%	−14.0%	−25.7%	−3.9%	63.8%	–
Margin	36.9%	39.2%	39.1%	40.7%	34.6%	33.9%	26.3%	29.1%	25.3%	30.0%	36.7%	–
Assets	1,380	1,453	1,348	1,302	2,299	2,321	2,047	2,235	2,193	2,198	2,127	–
Liabilities	533	521	427	377	783	779	971	980	909	965	757	–
Capital employed	846	931	921	925	1,516	1,542	1,075	1,256	1,284	1,233	1,370	–
Revenue	124	89	158	92	84	146	168	146	121	161	168	126
Revenue growth	4.4%	−4.5%	13.4%	−17.9%	−32.7%	64.9%	6.2%	60.0%	44.6%	10.4%	−0.1%	−14.1%
Profit	3	0	22	1	−1	11	23	20	21	25	21	12
Profit growth	–	–	240.9%	−50.3%	–	3,866.7%	8.9%	1,944.8%	–	135.0%	−11.6%	−40.2%
Margin	2.3%	0.3%	13.6%	1.0%	−0.7%	7.3%	14.0%	13.4%	17.1%	15.6%	12.4%	9.3%
Assets	466	467	479	484	462	463	465	497	617	556	578	533
Liabilities	119	111	127	142	115	115	112	113	173	122	133	125
Capital employed	347	356	352	343	347	348	353	384	443	434	445	408
Revenue	2	2	2	3	3	1	4	2	3	2	1	2
Profit	1	1	2	2	2	0	3	1	1	2	1	1
Margin	43.5%	33.8%	62.7%	73.2%	67.1%	−5.0%	78.9%	52.8%	37.3%	109.6%	54.3%	67.3%
Assets	24	18	14	13	13	15	12	15	15	14	16	15
Liabilities	0	0	0	0	0	0	0	0	320	0	0	0
Capital employed	24	18	14	13	13	15	12	15	−306	14	16	15
Revenue	–	–	–	–	–	–	–	–	–	–	–	3,174
Profit	–	–	–	–	–	–	–	–	–	–	–	264
Margin	–	–	–	–	–	–	–	–	–	–	–	8.3%
Assets	–	–	–	–	–	–	–	–	–	–	–	12,064
Liabilities	–	–	–	–	–	–	–	–	–	–	–	7,772
Capital employed	–	–	–	–	–	–	–	–	–	–	–	4,293
Revenue	–	–	–	–	–	–	–	–	–	–	–	632
Profit	–	–	–	–	–	–	–	–	–	–	–	212
Margin	–	–	–	–	–	–	–	–	–	–	–	33.6%
Assets	–	–	–	–	–	–	–	–	–	–	–	2,230
Liabilities	–	–	–	–	–	–	–	–	–	–	–	844
Capital employed	–	–	–	–	–	–	–	–	–	–	–	1,386

Profit is before tax and finance costs, the way companies report their segments.

Q1 results, quarter to Jun 2026

From revenue to net profit, ₹ crore

Suzlon Energy results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Foundry & Forging

Others

Renewable Energy Solutions

RE Asset Management Services