2 publishers · first seen Thu, 29 Oct 2026 11:39 UTC · updated Thu, 29 Oct 2026 12:04 UTC
Suzlon Energy reported a 69.2 per cent year-on-year decline in consolidated net profit to ₹394 crore for the September quarter of FY27, mainly due to a deferred tax asset of ₹891 crore recognised in the same quarter of the previous year. Revenue from operations rose 26 per cent to ₹4,869 crore, driven by record wind turbine deliveries of 710 megawatts (MW) in India, up 25.7 per cent from 565 MW a year earlier, with EBITDA remaining flat at ₹720 crore.
The company's order book exceeded 6 gigawatts (GW), supported by over 1.5 GW of order intake in the first half of FY27, while net worth crossed ₹10,000 crore and CRISIL upgraded Suzlon's long-term rating to AA-/Stable. Suzlon also announced board approval for the acquisition of Suzlon Foundation for ₹10 lakh and an investment of approximately ₹1 crore in OE Business Park Pvt Ltd to reacquire its One Earth corporate headquarters in Pune.
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