SECOND QUARTER 30th September 2025 Press Release

*Without Exceptional Items

For Immediate Release | 4thNovember 2025

increase

in Revenue

at ₹ 3,866 Crores

increase in EBITDA

at ₹ 721 Crores

increase

in Profit After Tax at ₹ 1,279 Crores

Key Highlights (Q2 FY26)

• Highest-ever Q2 India deliveries of 565 MW

• WTG Business continues robust growth through strong operating leverage

• Delivered PBT of ₹562 Cr, reflecting a robust 179% YoY growth

• Incremental Deferred Tax Assets (DTA) of ₹717 Cr

  recognised in Q2 resulting in PAT of 1,279 Crores

• Orderbook crosses 6 GW; 2+ GW additions in H1 FY26 taking it to 6.2 GW

• Net cash position at ₹ 1,480 Cr as of 30th September 25

• India's largest domestic wind manufacturing capacity at 4.5 GW

  Policy Updates

• ALMM (Wind) SOPs unveiled, Govt. focus on localization

• GST reduction on wind turbine from 12% to 5% to further optimise LCoE and expand the wind penetration

• States integrating resource adequacy planning (RAPs) into their renewable expansion strategies

  Strong Domestic Demand Outlook

• Target of 122 GW wind capacity by FY32 with wind dominant in hybrid, RTC, and FDRE projects

• C&I sector to require 100 GW renewable energy by 2030

• Annual Installations expected to cross 6 GW this year

Pune, India: Suzlon Group, India's No.1 Wind Energy Solutions provider, announced its second quarter results

(Q2 FY26).

Girish Tanti, Vice Chairman, Suzlon Group, said, "Suzlon is building a future-ready organisation focused on sustainable growth, reflected in our consistent performance over the last 11 quarter across PAT, Revenue, and EBITDA. We've been entrusted with a record 6.2 GW orderbook by our customers. Our strategy of decoupling project development and project execution will drive execution volumes significantly. With long-term visibility of 400 GW wind capacity by 2047, I'm confident we'll continue leading the market."

JP Chalasani, Chief Executive Officer, Suzlon Group, said, "We are happy to report highest-ever Q2 deliveries in India which led to strong performance and profitability. Our orderbook of 6.2 GW reaffirms the strength of our strategy and execution. With a clear focus on our core businesses, fully augmented largest domestic manufacturing capacity, and world-class products designed and made in India, we are best placed in the industry. As India's wind market gears up for installations of 6 GW in FY26, and 8 GW in FY27, we will continue to drive sustainable, profitable growth."

Suzlon Group Q2 FY26 at a glance (consolidated):

(₹ Crores)

Awards and Recognition

Suzlon won multiple Gold Awards across QCFI Chapter Conventions 2025, including Vadodara, Bangalore, Pune, Chennai, and Jaipur chapters.

About The Suzlon Group

The Suzlon Group is a leading global renewable energy solutions provider, with 21+ GW* of wind energy capacity installed across 17 countries. Headquartered at Suzlon One Earth in Pune, India, the Group includes Suzlon Energy Limited (NSE: SUZLON, BSE: 532667) and its subsidiaries. A vertically integrated organisation, Suzlon has in-house R&D centres in Germany, the Netherlands, Denmark, and India, and world-class manufacturing facilities across India. With 30 years of operational excellence and a diverse workforce of 8,300+ employees, Suzlon is India's No. 1 Renewable Energy Solutions company, having an installed base of 15.4 GW of assets and an additional ~6 GW installed outside India. Its portfolio includes the advanced 2.x MW and 3.x MW series of wind turbines.

*Global installations of Suzlon-manufactured wind turbine generators. Data as of 30thSeptember 2025

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