Ahmedabad, May 28, 2025 – Suzlon Energy Limited, India’s pioneering wind energy solutions provider, has posted its strongest annual financial performance in a decade for the fiscal year 2024–25 (FY25). With India’s wind energy installed capacity crossing the 50 GW milestone, Suzlon has emerged as a core enabler in the country’s clean energy transition.
Backed by robust revenues, a record-breaking order book, and strategic operational restructuring, Suzlon is accelerating India’s journey toward a sustainable energy future.
FY25 Performance: A Landmark Year
Suzlon’s audited consolidated financials for FY25 reveal double-digit growth across all key parameters:
- Revenue from operations: ₹10,851 crore (up 67% from ₹6,497 crore in FY24)
- EBITDA: ₹1,857 crore (up 81%)
- Profit Before Tax (PBT): ₹1,447 crore (up 103%)
- Profit After Tax (PAT): ₹2,072 crore (includes ₹638 crore deferred tax asset recognition)
- Firm Order Book: 5.6 GW – the highest ever
- Net Cash Position: ₹1,943 crore – indicating strong liquidity
Turbine deliveries surged 118%, reaching 1,550 MW in FY25 compared to 710 MW in FY24, reaffirming Suzlon’s operational scale-up.
Quarterly Highlights: Q4 FY25 vs Q4 FY24
- Revenue: ₹3,774 crore (vs ₹2,179 crore)
- EBITDA: ₹693 crore (vs ₹357 crore)
- EBITDA Margin: 18.4% (improved from 16.4%)
- Net Profit: ₹1,181 crore (vs ₹254 crore)
- EPS: ₹0.87 (up from ₹0.19)
These improvements reflect enhanced efficiency and strategic execution.
About Suzlon Energy Limited
Founded in 1995 and headquartered in Ahmedabad, Suzlon Energy Limited is India’s leading renewable energy company, specializing in wind power solutions. With a vertically integrated model, the company designs, manufactures, and maintains wind turbine generators, ensuring cost-effective, high-quality project delivery.
Suzlon has a global presence in over 10 countries and has built a reputation in Operation & Maintenance Services (OMS), catering to both Suzlon and non-Suzlon turbines.
To explore Suzlon’s journey, visit the Suzlon Energy official website.
Strategic Growth Moves in FY25
- Corporate Restructuring & Amalgamation
- Suzlon completed the merger of Suzlon Global Services Limited and restructured operations into new step-down subsidiaries—Suzlon Southern Projects and Suzlon Western India Projects—enhancing regional focus and operational clarity.
- Deferred Tax Asset Recognition
- A ₹638 crore deferred tax asset was recognized, signaling improved confidence in sustained future profitability.
- Employee Stock Ownership Plan (ESOP)
- Over 8 crore stock options were vested under ESOP 2022, reflecting a commitment to employee growth and long-term value creation.
- Strategic Acquisition
- Acquired 51% stake in Renom Energy Services Pvt. Ltd., strengthening OMS capabilities across multi-brand wind turbines and broadening revenue channels.
Product Highlight: Dominance of S144 Platform
The S144 wind turbine, engineered for optimized Indian wind conditions, became a game-changer. With over 5 GW in orders, it led Suzlon’s product portfolio, cementing its preference among large-scale utilities and independent power producers.
Leadership Insights
Mr. JP Chalasani, CEO of Suzlon Group, said:
“FY25 marks the successful completion of our ramp-up phase. Our 5.6 GW firm order book and increased deliveries give us clear visibility for scalable growth.”
Mr. Himanshu Mody, CFO, added:
“We’ve built a strong balance sheet with healthy cash flows. Our disciplined financial management supports our ambitious growth plans and enhances investor confidence.”
Future Outlook: Vision 2030
With India targeting 100 GW wind capacity by 2030, Suzlon is well-positioned to play a leading role. Supportive government policies, increased global climate commitments, and domestic demand are aligning in Suzlon’s favor.
Through innovation, strategic execution, and ESG focus, Suzlon aims to be at the forefront of India’s renewable energy evolution.
To learn about India’s wind energy roadmap, visit MNRE Wind Energy Portal.
