
Suzlon Energy Shares Decline Following Q4 Profit Drop of 6% Amid Revenue and EBITDA Growth
Suzlon Energy Stock Drops After Reporting Decline in Fiscal Fourth-Quarter Profit
Shares of Suzlon Energy, a leading renewable energy company, fell 0.5 percent on Monday, closing at Rs 53.5. The decline comes despite strong double-digit growth in revenue and operating earnings, which were driven by higher wind turbine deliveries.
In its latest quarterly report, Suzlon Energy reported a consolidated net profit of Rs 1,114 crore for the January-March quarter, a 5.7 percent decline year-on-year from Rs 1,181 crore. However, revenue from operations rose 44.9 percent to Rs 5,468 crore from Rs 3,774 crore in the corresponding quarter last year.
Suzlon Energy's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) increased 39.1 percent to Rs 964 crore from Rs 693 crore in the corresponding quarter last year. However, the EBITDA margin narrowed to 17.6 percent from 18.4 percent a year ago.
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| Metric | Q4 FY26 | Q4 FY25 | Q4 FY25 vs Q4 FY26 |
|---|---|---|---|
| Revenue from Operations | Rs 5,468 crore | Rs 3,774 crore | +44.9% |
| EBITDA | Rs 964 crore | Rs 693 crore | +39.1% |
| Net Deliveries (MW) | 830 MW | 573 MW | +45.1% |
Suzlon's wind turbine deliveries continued to accelerate during the quarter, with net deliveries standing at 830 MW in Q4 FY26, compared with 573 MW in the year-ago period and 617 MW in the preceding quarter. Profit before tax rose to Rs 833 crore from Rs 551 crore a year ago. The company also recorded an exceptional gain of Rs 70 crore during the quarter.
For the full financial year FY26, Suzlon reported revenue of Rs 16,679 crore, up from Rs 10,851 crore in FY25. Net profit rose to Rs 3,163 crore from Rs 2,072 crore, while EBITDA increased to Rs 3,022 crore from Rs 1,857 crore. Annual wind turbine deliveries reached 2,456 MW, compared with 1,550 MW in the previous year.
Suzlon's order book stood at about 5.9 GW, with around 66 percent coming from PSU and commercial & industrial customers. Chief Executive Officer Ajay Kapur stated that the company continues to see strong demand for wind energy solutions, with annual deliveries reaching approximately 2.5 GW in FY26.
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Investor Takeaway
Investors should be cautious about Suzlon Energy's stock performance following the decline in Q4 profit.
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