Suzlon Energy Q1 FY27 Revenue Rises 22.5% YoY to ₹3,819.36 Crore; Consolidated PAT at ₹305.22 Crore

Renewable energy solutions provider Suzlon Energy Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The group posted a consolidated net profit after tax of ₹305.22 crore for the quarter, alongside a revenue expansion of 22.5% year-on-year compared to the same period in the previous fiscal.

Consolidated Financial Highlights

Income & Profitability

Revenue from Operations: Stood at ₹3,819.36 crore for Q1 FY27, up 22.5% from ₹3,117.33 crore reported in Q1 FY26. Sequentially, revenue adjusted from ₹5,468.06 crore in the preceding quarter ended March 31, 2026.

Total Income: Reached ₹3,862.53 crore, compared to ₹3,165.19 crore in Q1 FY26, supported by ₹9.73 crore in other operating income and ₹33.44 crore in other income.

Profit Before Tax (PBT): Came in at ₹389.47 crore for the quarter, compared to ₹459.23 crore in Q1 FY26 and ₹833.24 crore (before exceptional items) in Q4 FY26. No exceptional items were recorded during the quarter under review.

Net Profit After Tax (PAT): Totaled ₹305.22 crore for Q1 FY27, compared to ₹324.32 crore in Q1 FY26 and ₹1,114.35 crore in Q4 FY26.

Total Comprehensive Income: Reported at ₹303.99 crore (net of tax), compared to ₹329.36 crore in the corresponding quarter of the previous year.

Earnings Per Share (EPS): Basic and diluted EPS stood at ₹0.22 per equity share of face value ₹2 each (unannualised), compared to ₹0.24 in Q1 FY26 and ₹0.81 in Q4 FY26.

Standalone Financial Summary

On a standalone basis, Suzlon Energy recorded:

Revenue from Operations: ₹3,291.90 crore in Q1 FY27, growing 15.8% YoY from ₹2,843.89 crore in Q1 FY26.

Total Income: ₹3,340.61 crore, up from ₹2,876.99 crore in Q1 FY26.

Profit Before Tax (PBT): ₹382.92 crore, compared to ₹480.02 crore in Q1 FY26.

Net Profit After Tax (PAT): ₹306.44 crore, compared to ₹347.35 crore in Q1 FY26 and ₹2,194.59 crore in Q4 FY26.

Standalone EPS: Stood at ₹0.22 for the quarter (basic and diluted).

Consolidated Expense Breakdown

Total expenses for the quarter ended June 30, 2026, were recorded at ₹3,473.06 crore, up from ₹2,705.96 crore in Q1 FY26. Key cost drivers included:

Consumption of Raw Materials, Components & Services: ₹2,942.39 crore (vs ₹2,463.68 crore in Q1 FY26)

Other Expenses: ₹460.38 crore (vs ₹361.15 crore in Q1 FY26)

Employee Benefits Expense: ₹268.00 crore (vs ₹254.02 crore in Q1 FY26)

Finance Costs: ₹133.62 crore (vs ₹103.07 crore in Q1 FY26)

Depreciation & Amortisation: ₹105.59 crore (vs ₹70.24 crore in Q1 FY26)

Foreign Exchange Loss: ₹8.79 crore (vs ₹3.80 crore in Q1 FY26)

Inventory Adjustment (Finished, Semi-Finished & WIP): A credit of ₹(445.71) crore (vs a credit of ₹(550.00) crore in Q1 FY26)

Tax expenses for Q1 FY27 totaled ₹84.25 crore on a consolidated level, comprising ₹0.55 crore in current tax and ₹83.70 crore in deferred tax.

Segment Performance & 'Suzlon 2.0' Realignment

During the quarter, the Group updated its reportable segment names to reflect its 'Suzlon 2.0' vision. The former 'Wind Turbine Generator' segment is now named 'Renewable Energy Solutions', housing existing wind energy operations along with emerging renewable offerings. The 'Operation & Maintenance Service' segment is now termed 'RE Asset Management Services'. The company noted that this change does not affect the composition or financial reporting of segments.

Segment Breakdown (Q1 FY27)

Renewable Energy Solutions: Recorded segment revenue of ₹3,174.31 crore (up 27.2% YoY from ₹2,494.57 crore) and segment results of ₹264.37 crore. Segment assets stood at ₹12,064.44 crore.

RE Asset Management Services: Revenue reached ₹631.88 crore (up 8.1% YoY from ₹584.45 crore) with segment results of ₹212.06 crore. Segment assets stood at ₹2,229.94 crore.

Foundry & Forging: Generated revenue of ₹125.86 crore (vs ₹146.49 crore in Q1 FY26) with segment results of ₹11.74 crore.

Others: Generated revenue of ₹2.20 crore with segment results of ₹1.48 crore.

Inter-segment revenue eliminations for the quarter amounted to ₹114.89 crore, yielding net operational revenue of ₹3,819.36 crore.

Balance Sheet & Capital Base

As of June 30, 2026:

Total Consolidated Segment Assets: Increased to ₹18,887.74 crore (including ₹4,044.89 crore in unallocable assets), compared to ₹14,461.02 crore as of June 30, 2025, and ₹18,868.86 crore as of March 31, 2026.

Total Consolidated Segment Liabilities: Stood at ₹9,018.71 crore, down from ₹9,405.34 crore as of March 31, 2026.

Paid-up Equity Share Capital: Stood at ₹2,750.61 crore (comprising shares of face value ₹2 each), marginal expansion from ₹2,744.99 crore as of March 31, 2026.

Shares of Suzlon Energy Limited was last trading in BSE at Rs. 47.42 as compared to the previous close of Rs. 47.45. The total number of shares traded during the day was 8892212 in over 19275 trades.

The stock hit an intraday high of Rs. 47.87 and intraday low of 46.24. The net turnover during the day was Rs. 418152996.00.

Source : Equity Bulls

Keywords

SuzlonEnergy INE040H01021 Q1FY27 Q1FY2027 ResultUpdate