Suzlon Energy's Board of Directors will meet on July 28 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 2026 (Q1FY27). The company reported a 5.6% year-on-year decline in consolidated net profit to ₹1,114 crore for the March 2026 quarter, primarily due to a lower deferred tax benefit. This compares to a consolidated net profit of ₹1,181 crore in the corresponding quarter of the previous year. The company recorded a deferred tax benefit of ₹284.32 crore during the reporting quarter, significantly lower than the ₹600.75 crore recognised in the year-ago period. However, revenue from operations rose sharply to ₹5,468 crore in the March quarter from ₹3,774 crore a year earlier. For the full financial year 2025-26, consolidated net profit increased to ₹3,163 crore from ₹2,072 crore in the previous fiscal, while revenue from operations climbed to ₹16,679 crore compared with ₹10,851 crore in FY25.
Backed by a healthy order book of 5.9 GW, with 66% of the orders coming from the public sector and the commercial & industrial (C&I) segment, the company continues to witness strong demand for its wind energy solutions. In late June, the company secured its first commercial order for its newly launched S175 (5.0 MW) wind turbine, marking a significant milestone for its next-generation renewable energy portfolio. The 105 MW order was placed by Sunsure Energy just two weeks after the launch of the S175, making it the debut commercial project for what Suzlon describes as India's tallest and most powerful wind turbine. The S175 has been developed to support firm and dispatchable renewable power while expanding the addressable market for wind energy projects in India.
Suzlon Energy shares witnessed renewed selling pressure in July, declining 10% so far this month after ending each of the previous four months in the green and delivering a cumulative return of 38%. The stock has staged a sharp recovery in recent months, providing much-needed relief to shareholders after the stock remained under prolonged correction between May 2025 and February 2026, during which it had declined 45%. Despite today's decline, the stock is up over 2% in Monday's trade, reaching ₹53.08 per unit on the NSE, up from its previous close at ₹51.99. The gains appeared to be largely driven by technical buying after the stock's recent consolidation, with no fresh company-specific announcements or sectoral developments to drive the move. The stock is still trading 38% below its all-time high of ₹86, touched in September 2024.
At its recent investor meet, the company outlined plans to transform itself from a wind turbine manufacturer into a full-stack renewable energy (RE) solutions provider, targeting significant expansion across project development, operations and maintenance (O&M) services, solar, battery energy storage systems (BESS), and international markets. The management also highlighted a structural upcycle in global electricity demand and laid out ambitious FY31 targets, including a revenue CAGR of more than 25%, expansion of its renewable energy order book to 15 GW, growth in annual renewable energy sales to 10 GW, and an increase in assets under management (AUM) to over 70 GW.
Market experts from NDTV Profit's Ask Profit show provided specific recommendations for six key stocks. CA Tapan Doshi from Catapan.in recommended selling Biocon Ltd. at ₹437.3 citing heavy debt, US FDA issues, and R&D expenses on the higher side. Rahul Sharma from JM Financial suggested buying Suzlon Energy at ₹52.42 on dips, targeting ₹58-60 levels with a stop loss at ₹49.5. The experts also recommended buying Anant Raj at ₹573.20 for a target of ₹625. Investors will now watch for fresh order announcements, quarterly earnings and management commentary for cues on the stock's next direction.
