FY25 Results: Suzlon Revenue Jumps 67% to ₹10,851 Cr

Suzlon Group, a wind energy solutions provider, announced its fourth quarter (Q4 FY25) and annual audited results for the financial year 2024-25 (FY25). The company claims to see Highest-ever Performance in 10 years, v/s FY15.

Suzlon reported Profit before exceptional items and tax at Rs 1,447 crores. Whereas, its Profit After Tax at Rs 2,072 crores (Pursuant to Deferred Tax Asset recognition of Rs 638 crores). The firm claims a secured order book at 5.6 GW, and its net cash position stood at Rs 1,943 crores.

Key Highlights (FY25 v/s FY24)

Compared to FY24, in the current financial year i.e., FY25, Suzlon saw a 118% increase in deliveries to 1,550 MW from 710 MW. Whereas, the company saw a 67% increase in Revenue at Rs 10,851 crores from Rs 6,497 crores in the last financial year.

It also witnessed an 81% increase in EBITDA with Rs 1,857 crores from Rs 1,029 crores in FY24. Suzlon also saw a 103% increase in Profit before exceptional items and tax earning Rs 1,447 crores in FY 25 from Rs 713 crores in FY24.
Its S144 order book also surpasses 5 GW, making it a dominant product for the Indian market

Leadership Views

Girish Tanti, Vice Chairman, Suzlon Group, said, “FY25’s performance sets the stage for Suzlon’s next phase of strategic evolution and market leadership. Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes of our disciplined business transformation and sharp operational focus. India has also crossed a significant milestone by surpassing 50 GW of installed wind power capacity – a journey in which Suzlon has played a leading role. As we advance towards the 100 GW target by 2030, India will most certainly shape the global narrative on clean energy leadership and climate action.”

Wind Turbine Generator (WTG)

The company explained in its financial results, “In FY25, we achieved record deliveries of 1.55 GW—an impressive 118% year-on-year growth. The contribution margin for our WTG business expanded to 23%, a rise of 360 basis points, backed by its 4.5 GW manufacturing capacity. The firm added 10 new production lines for our S144 – 3.X MW series and completed nacelle expansion at Daman and Pondicherry.

OMS

Suzlon’s OMS (Operations and Maintenance Services) business remains a key pillar of growth for the Group, currently managing a robust 15 GW of installed wind energy capacity across India, representing over USD 10 billion in renewable energy assets under management.

Gujarat leads as the top-performing state for its OMSportfolio, where it services 4.2 GW, followed by Rajasthan (2.3 GW) and Maharashtra (2.2 GW).

Technology

Its flagship innovation, the S144 wind turbine, designed and manufactured in India, remains the cornerstone of Suzlon’s technological leadership. Engineered specifically for Indian sites and optimized for hybrid power plant compatibility, it enables efficient grid integration and high-quality energy output—a crucial edge for its customers. With over 5 GW of firm orders, it has emerged as its top-performing product, contributing more than 1.25 GW in deliveries during FY25 alone. It now represents 91% of Suzlon’s order book.