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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Suzlon Energy
Suzlon Energy (SUZLON) investor relations material
Suzlon Energy Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary29 Oct, 2026
Executive summary
Q2 FY27 revenue rose 26% YoY to ₹4,869 crore, with record India deliveries of 710 MW; 454 MW was commissioned, up 69% QoQ.
H1 revenue was ₹8,688 crore, EBITDA ₹1,315 crore and PAT ₹699 crore; H1 commissioning reached 723 MW.
H1 order intake exceeded 1.5 GW; the September order book was 5,697 MW, with 38% EPC scope.
Financial highlights
Q2 revenue was ₹4,869 crore versus ₹3,819 crore in Q1 FY27 and ₹3,866 crore in Q2 FY26; EBITDA was ₹720 crore versus ₹595 crore and ₹721 crore, respectively.
Q2 PAT was ₹394 crore versus ₹1,279 crore in Q2 FY26; prior-year PAT included ₹891 crore of deferred tax asset recognition. Comparable Q2 FY26 PAT was ₹389 crore, making Q2 FY27 comparable PAT 1.3% higher YoY.
H1 FY27 revenue was ₹8,688 crore, EBITDA ₹1,315 crore and PAT excluding DTA creation ₹699 crore, versus ₹6,983 crore, ₹1,320 crore and ₹713 crore in H1 FY26.
Net worth was ₹10,277 crore at September 2026; net cash was ₹2,048 crore.
Outlook and guidance
FY27 WTG contribution margin guidance was 22%-23%; consolidated FY margin guidance was 15.1%, with up to 1% potential upside from operating leverage.
H2 activity was expected at 1.5x-1.65x H1; more than 1.25 GW of erected turbines remained in the commissioning pipeline.
Order book stood at 5,697 MW, with a stated strategy to raise EPC share from 38% to 50% by FY28; DevCo-led orders exceeded 1.1 GW.
Management targets 25% CAGR, a 15 GW order book and 40% India market share by FY31; export targets include a 3 GW order book and 1 GW of sales by FY31.
Domestic manufacturing capacity was 4,500 MW; the first installation of the 6.x MW mid-/high-wind flagship was planned for H1 2027.
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Latest events from Suzlon Energy
- Record 3.3 GW order book meets seven-year highs in EBITDA and adjusted PAT.SUZLON
Q4 23/24 - Record Q1 deliveries and 23% revenue growth drive strong results and global ESG recognition.SUZLONQ1 26/27
- Resignation of an independent director prompts renewed focus on governance and transparency.SUZLONAGM 2024
- Record Q3 FY26 deliveries, 42% revenue growth, strong margins, and 6.4 GW order book.SUZLONQ3 25/26
- Record Q2 with 85% revenue growth, 538% PAT surge, and a 6.2 GW+ order book.SUZLONQ2 25/26
- Record profit, revenue growth, and order book, driven by acquisitions and sector momentum.SUZLONQ2 24/25
- Record Q1 profit, strong order book, and robust deliveries drive positive outlook.SUZLONQ1 24/25
- Record deliveries, 91% YoY revenue growth, and a 5.5 GW order book drive strong results.SUZLONQ3 24/25
- Record FY25 revenue, profit, and order book, with strong growth outlook and improved cash flow.SUZLONQ4 24/25
Next Suzlon Energy earnings date
Q3 26/274 Feb, 2027
Suzlon Energy
Next Suzlon Energy earnings date
Q3 26/274 Feb, 2027
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Frequently asked questions
Suzlon Energy Limited is an India-based company engaged in the design, development, manufacturing, and maintenance of wind turbine generators and related renewable energy solutions. The company provides integrated services including wind resource assessment, project execution, operations, and maintenance for wind energy projects. Suzlon serves independent power producers, utilities, and corporate clients in India and international markets. The company is headquartered in Pune, India, and its shares are listed on the BSE.