Suzlon Energy, a leading renewable energy solutions provider in India, reported its Q1 FY26 (April–June 2025) financial results with strong revenue growth but only a modest increase in profit.
The company delivered record order wins and capacity execution, but market reaction remained mixed, with shares falling despite upbeat operational performance.

Suzlon Energy Strong Financial Performance in Q1 FY26
In the June quarter, Suzlon’s consolidated Net Profit (PAT) rose by about 7–7.3% year-on-year to nearly ₹324 crore, compared to ₹302 crore in Q1 FY25. The rise in profit was somewhat restrained due to a one-time deferred tax charge of approximately ₹134 crore.
However, Profit Before Tax (PBT) jumped significantly to ₹459 crore from ₹302 crore last year, showcasing improved operational efficiency. Total income surged an impressive 55% year-on-year to ₹3,165 crore, up from ₹2,044 crore in the same period last year.
Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) saw a remarkable 62% jump to ₹599 crore, reflecting better cost control and higher execution volumes. During the quarter, the company secured new orders worth 1 GW, lifting its total order book to 5.7 GW. Suzlon also achieved a record delivery of 444 MW, marking its highest-ever quarterly execution.
Suzlon Energy Share Price Reaction and Analyst Views
Despite these strong numbers, Suzlon’s share price fell nearly 4% after the results. This decline was attributed mainly to the deferred tax charge that impacted the bottom line.
Brokerage firm Nuvama took a cautious stance, cutting its earnings forecast and lowering its price target to ₹67. In contrast, Motilal Oswal maintained a bullish view, expecting the stock to move towards ₹80 in the near term.
Over the past three months, Suzlon shares have risen around 19%, though recent declines suggest possible short-term consolidation. Analysts remain divided on whether the stock can break its 52-week high of ₹86 in the coming months. Axis Securities projects a 10% upside, with a target of ₹72 over the next three to six months, supported by the company’s robust order book and improved execution capabilities. Technical analysts also suggest short-term weakness but remain positive on medium-term targets of ₹75–₹80 if earnings momentum continues.
Suzlon Energy Share What to Watch Next
Suzlon remains a closely watched stock in the renewable energy space, with several catalysts that could influence its price in the coming quarters:
- Earnings Growth – Sustaining high revenue growth and converting its strong order book into timely deliveries will be key to maintaining investor confidence.
- Analyst Targets – Diverging forecasts—Nuvama’s ₹67 target versus Motilal Oswal’s ₹80—underscore the uncertainty in the market.
- Sector Momentum – Any positive developments in India’s renewable energy policy or large-scale wind project tenders could further boost Suzlon’s prospects.
- Technical Trends – Traders are watching for a breakout above ₹72, which could open the path towards ₹75–₹80 in the medium term.
While short-term sentiment remains cautious due to recent pullbacks, Suzlon’s expanding manufacturing capacity, strong execution record, and large order pipeline position it well for long-term growth in the renewable energy sector.
F.A.Q.
– What was Suzlon Energy’s net profit in Q1 FY26?
Suzlon Energy reported a consolidated net profit (PAT) of around ₹324 crore in Q1 FY26, up about 7% from ₹302 crore in Q1 FY25.
– How much did Suzlon’s revenue grow in the June 2025 quarter?
The company’s total income surged 55% year-on-year to ₹3,165 crore, compared to ₹2,044 crore in the same quarter last year.
– Why did Suzlon’s share price fall despite strong results?
Shares dropped nearly 4% mainly due to a one-time deferred tax charge of around ₹134 crore, which limited the profit growth, along with short-term market profit booking.
– What is Suzlon Energy’s current order book size?
As of Q1 FY26, Suzlon’s order book stands at 5.7 GW, after adding 1 GW of new orders in the quarter.
– What are analysts’ targets for Suzlon Energy’s share price?
Analyst opinions are mixed—Nuvama has set a cautious target of ₹67, while Motilal Oswal sees potential for the stock to rally towards ₹80.
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