Suzlon Energy Limited has informed the Exchange regarding Board meeting held on August 12, 2025.
SUZLON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Suzlon Energy posted strong Q1 FY26 results with consolidated revenue rising 55% year-on-year to ₹3,117 crore (from ₹2,016 crore in Q1 FY25). EBITDA jumped 62% to ₹599 crore with margin expanding to 19.2% from 18.4%. Profit before tax grew 52% to ₹459 crore, while net profit after tax stood at ₹324 crore versus ₹302 crore a year ago, the relatively flat PAT largely due to a ₹134 crore deferred tax charge that is the reversal of a one-time ₹630 crore deferred tax asset booked in the previous quarter. The company delivered its highest-ever Q1 volume of 444 MW and held a 5.7 GW order book with a net cash position of ₹1,620 crore. The board also approved re-appointment of Vinod R. Tanti as Chairman and Managing Director and Girish R. Tanti as Executive Director for a fresh five-year term starting October 7, 2025. Group CFO Himanshu Mody resigned effective August 31, 2025, with the company saying it is in an advanced stage of appointing a replacement. Fifteen new special purpose vehicles became wholly owned subsidiaries to expand the project pipeline.
Strong operational performance with double-digit revenue and EBITDA growth, margin expansion, and a healthy order book signals continued business momentum that should be positive for the stock. The CFO exit may create short-term uncertainty until a replacement is announced, but the succession is framed as orderly. Investors will watch for the new CFO appointment and sustainability of the order pipeline.