Suzlon Energy shares decline 4.5% as Q1 earnings fail to impress investors; check details

Apart from announcing its earnings, Suzlon Energy also informed that Chief Financial Officer Himanshi Mody has resigned from the firm Suzlon Energy shares tumbled nearly 4.5% to an intraday low of ₹60.32 apiece on Wednesday, August 13, as the renewable energy company’s June quarter earnings failed to impress the market investors. The renewable energy firm had posted a 54% year-on-year (YoY) increase in consolidated revenue from operations at ₹3,117 crore for the quarter ended June 30, 2025, as compared to ₹2,016 crore in the same period last year. The sharp jump in revenue was largely boosted by a 67% growth in the wind turbine segment at ₹2,496 crore during the quarter. In addition, the foundry and forgings revenue also surged to ₹149 crore from ₹91 crore. Suzlon Energy’s net profit for the quarter rose 7.2% to ₹324 crore YoY as against ₹302 crore in the corresponding quarter of FY25. Also read: Apollo Hospitals shares jump over 6% to hit 52-week high on healthy growth in Q1 FY26 numbers On the operational front, the company’s earnings before interest, taxes, depreciation & amortisation (EBITDA) for the quarter increased 60% to ₹585 crore in Q1 FY26 as compared to ₹364 crore on the back of a positive inventory adjustment worth ₹550 crore. The EBITDA margin for the quarter also expanded by 70 basis points (bps) to 18.78% in the reporting quarter. On a sequential basis, however, Suzlon Energy’s revenue for the quarter declined 18% from ₹3,773 crore. On the bottom-line front, the net profit for the quarter dropped 72% QoQ. The company recorded a ₹600 crore writeback back in the previous quarter, which swelled the net profit to ₹1,180 crore. Despite the strong earnings, Suzlon Energy shares tumbled on Wednesday. Last seen, the stock was trading at ₹60.43 on the National Stock Exchange, declining 4.28%. Apart from announcing its earnings, Suzlon Energy also informed that Chief Financial Officer Himanshi Mody has resigned from the firm. The company has, however, not announced a new candidate for the post yet. Mody joined Suzlon in 2021. Suzlon Energy share price After opening at ₹63.15 per share on Wednesday, Suzlon Energy stock touched an intraday high of ₹60.32 apiece. Over the last five trading days, shares of the company have lost almost 7%. For a month’s period, it has fallen 7.3%. Since February 13, 2025, which is six months, the stock has climbed 14%. Also read: Waaree Energies shares fall 4% on THIS crucial development in the US; Premier Energies down 2% Shares of the firm had touched their one-year high of ₹86.04 apiece on September 12, 2024, while their 52-week low of ₹46.15 was hit on April 7, 2025. Suzlon Energy is a leader in wind energy in India, which is the world’s fifth-largest wind energy market. The company is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy all over the world.