Suzlon Energy Ltd reported a six percent year-on-year decline in consolidated net profit to ₹305 crore for the June quarter, even as revenue from operations grew 23 percent on the back of higher deliveries and strong execution.The wind energy major’s revenue from operations rose to ₹3,819 crore in the first quarter of FY27 from ₹3,117 crore in the year-ago period. EBITDA stood at ₹595 crore, broadly unchanged from ₹599 crore a year earlier, while EBITDA margin moderated to 15.6 percent from 19.2 percent. The company did not provide a detailed breakup for the decline in profitability, but said margins were impacted by temporary logistics disruptions arising from geopolitical developments, strategic investments and changes in scope and segment mix.The renewable energy solutions segment, which now includes the company’s wind energy solutions business along with emerging renewable energy offerings, reported a 27 percent growth in revenue during the quarter. The RE asset management services segment recorded an 8 percent increase, while the foundry and forging business saw revenue growth of 14 percent.Suzlon reported its highest-ever first-quarter deliveries at 506 MW, up 14 percent year-on-year, while commissioning more than doubled to 269 MW during the quarter, compared with 116 MW in Q1 FY26. The company also secured record new orders of around 1 GW during the quarter, including two large developer-led EPC orders from Tata Power and Waaree Group. Its cumulative order book stood at around 6.1 GW, with 84% of orders coming from the PSU and commercial & industrial (C&I) segments.“Our strong start to FY27 reflects disciplined execution across every aspect of our business. We achieved our highest-ever first quarter deliveries of 506 MW, up 14% year-on-year, while more than doubling our commissioning as projects moved into advanced stages of execution,” stated Ajay Kapur, Chief Executive Officer, Suzlon Group in an official release.The company said EPC contribution increased to 32 percent in Q1 FY27 from 22 percent in the year-ago quarter, in line with its strategy to expand its project execution capabilities. As part of its Suzlon 2.0 strategy, the company has reorganised its business into four growth engines — RE Tech, RE DevCo, RE Projects and RE Asset Management Services. It also renamed its Wind Turbine Generator segment as Renewable Energy Solutions and Operation & Maintenance Service segment as RE Asset Management Services to align with the new strategic vision.Suzlon also unveiled its S175 5 MW wind turbine platform in India and Europe during the quarter and secured its first order for the platform in India. The company said manufacturing has been scaled up at its Bhuj facility to meet future demand. The company has also expanded manufacturing capacity at its rotor blade facility in Jaisalmer by doubling it to 1,260 MW from 630 MW through the addition of two new manufacturing lines. The expanded facility, spread across 30 acres, can manufacture blades for both the S144 and S175 platforms and will employ over 1,200 people.Published on July 28, 2026