Suzlon’s Q2 deliveries hit all-time high amid India’s wind energy push

Economic Times
Economic Times
2M ago
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Suzlon Group reported its highest-ever Q2 deliveries at 565 MW, marking an 85% revenue increase year-on-year. This growth highlights the rising demand for renewable energy solutions in India.
Suzlon’s Q2 deliveries hit all-time high amid India’s wind energy push
A What happened
In a significant achievement, Suzlon Group reported its highest-ever deliveries in India for the July to September quarter, totaling 565 MW. This milestone reflects an impressive 85% increase in revenue year-on-year, amounting to ₹3,866 crore. The surge in deliveries is primarily driven by robust demand from the commercial and industrial (C&I) segment and new Firm and Dispatchable Renewable Energy (FDRE) tenders. The company has also seen over 90% growth in deliveries for the first half of FY26 compared to the previous year. With a fortified balance sheet and adequate working capital, Suzlon is well-positioned to scale its operations efficiently. The company’s wind turbine generator (WTG) business has shown a strong contribution margin of 26.5% in H1FY26. Looking ahead, Suzlon aims to capitalize on the anticipated installations of 6 GW in FY26 and 8 GW in FY27, reinforcing its commitment to sustainable growth in the renewable energy sector.
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Key insights

  • 1

    Record Deliveries: Suzlon achieved its highest Q2 deliveries at 565 MW.

  • 2

    Revenue Growth: The company reported an 85% year-on-year revenue increase.

  • 3

    Strong Demand: Robust demand from the C&I segment fueled growth.

  • 4

    Future Outlook: Suzlon aims for significant installations in upcoming years.

Takeaways

Suzlon's record Q2 deliveries and substantial revenue growth underscore its pivotal role in India's renewable energy landscape, positioning the company for continued success as demand for wind energy solutions rises.

Topics

Business & Markets Economy Climate & Environment Sustainability Energy