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Suzlon Energy’s Q1 net profit rose 7% to Rs 324.32 crore year-on-year
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Revenue increased 54.9% to Rs 3,131.72 crore in the June quarter
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EBITDA grew 64% to Rs 602.87 crore with margin at 19.3%
Suzlon Energy Ltd.'s consolidated net profit went up 7% in the first quarter of the current financial year. The renewable energy firm posted a net profit of Rs 324.32 crore in the June quarter as compared to Rs 302.29 crore in the year-ago period, according to an exchange filing on Tuesday.
The company also reported the appointment of Vinod Tanti as the firm's chairman and managing director and Girish Tanti as the executive director for another five years, from Oct. 7, 2025 to Oct. 6, 2030. Which is subject to the approval of the shareholders at the company's upcoming annual general meeting.
Suzlon Energy Q1FY26 (Cons, YoY)
Revenue up 54.9% to Rs 3,131.72 crore versus Rs 2,021.59 crore.
Net Profit up 7% to Rs 324.32 crore versus Rs 302.29 crore.
Ebitda up 64% to Rs 602.87 crore versus Rs 367.35 crore.
Margin at 19.3% versus 18.2%.
Shares of Suzlon Energy closed 0.30% lower at Rs 63.13 apiece on the NSE, compared to a 0.40% fall in the benchmark Nifty. The stock has fallen 21.44% in the last 12 months and risen 1.46% on a year-to-date basis.
Out of nine analysts tracking the company, eight have a 'buy' rating on the stock, one recommends 'hold' , according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 21.4%.
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