Suzlon Energy shares surged nearly 7% in early trade on Monday after the company reported a 45% jump in revenue for the fourth quarter of fiscal year 2025-26. The renewable energy firm's net profit more than doubled compared to the same period last year, driven by robust order inflows and better operational performance.
Strong Financial Performance
For the quarter ended March 31, 2026, Suzlon Energy posted a consolidated net profit of Rs 302 crore, up from Rs 141 crore in the corresponding quarter of the previous fiscal. Revenue from operations rose to Rs 2,845 crore, compared to Rs 1,962 crore in the year-ago period, marking a 45% increase.
The company's earnings before interest, tax, depreciation, and amortization (EBITDA) stood at Rs 487 crore, with margins improving to 17.1% from 14.8% in the same quarter last year. The strong performance was attributed to higher wind turbine installations and better realizations.
Order Book and Outlook
Suzlon Energy's order book as of March 31, 2026, stood at a record 3.2 GW, providing strong revenue visibility for the coming years. The company has been benefiting from the government's push for renewable energy and increasing demand from corporate and industrial customers for green power.
Management expressed confidence in sustaining the growth momentum, citing a healthy pipeline of orders and improved supply chain dynamics. The company also highlighted its focus on cost optimization and technological upgrades to enhance profitability.
Market Reaction
Following the announcement, Suzlon Energy shares opened at Rs 42.50 on the BSE, up 6.8% from the previous close. The stock has gained over 80% in the past year, outperforming the broader market. Analysts remain bullish on the stock, with several brokerages raising their target prices based on the strong quarterly performance and future growth prospects.
The shares of Suzlon Energy have been on an upward trajectory, reflecting investor confidence in the company's turnaround story. The renewable energy sector is expected to see continued policy support, which bodes well for companies like Suzlon.
