Suzlon Energy shares crash 10% to 3-month low after Q1 results. What’s spooking investors?

Shares of Suzlon Energy plunged nearly 10% on Monday, with the stock on track to record its worst single day plunge since December 2022, after the renewable energy player reported a 6% year-on-year (YoY) drop in net profit to Rs 305 crore in Q1 FY27 from Rs 324 crore a year ago.

The renewable energy player’s EBITDA fell to Rs 595 crore in Q1 FY27, from Rs 599 crore in the same period last year, while EBITDA margin declined to 15.6% from 19.2%. While net profit, EBITDA and margins declined, its revenue from operations rose 22.5% YoY to Rs 3,819 crore in Q1 FY27 from Rs 3,117 crore in the year-ago period.

The company reported its highest-ever Q1 deliveries at 506 megawatts, marking a 14% YoY increase, while commissioning surged 2.3x to 269 MW. Its cumulative order book stood at 6.1 GW, with 84% of the orders coming from PSU and C&I sectors.


EBITDA and PAT margins drop came amid the ongoing developments, given the temporary logistic disruptions arising from the geopolitical situation, certain strategic investments, and change of scope and segment mix, said Suzlon Group’s CFO Rahul Jain.

Along with the Q1 results, Suzlon Energy said that its board of directors during its meeting held today have considered and approved setting up of a wholly owned subsidiary in Singapore for the purposes of augmenting the international wind energy and OMS business.

Also read | Suzlon Energy Q1 Results: Net profit falls 6% YoY to Rs 305 crore

Suzlon Energy share price
Suzlon Energy shares plunged to Rs 48 apiece, the lowest level seen by the stock since April this year. It is also on track to record the sharpest single day fall since December 2022. The stock has fallen around 10% in a week and 16% in a month. It is down 9% in 2026 so far.

In the longer term, Suzlon Energy shares have dropped more than 21% in one year, but delivered strong returns of 166% in three years and 689% in five years. The company currently has a market capitalisation of less than Rs 66,100 crore.

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