Suzlon Group, India’s leading wind energy solutions provider, has reported its audited financial results for the fiscal year 2024–25. The company recorded its highest profitability in a decade, supported by strong cash reserves and a record-breaking order book. This performance reflects a disciplined transformation strategy and sustained operational focus. India has now surpassed 50 GW of installed wind power capacity, with Suzlon playing a pivotal role in reaching this milestone. As India progresses toward the 100 GW target by 2030, it is poised to strengthen its position in global clean energy leadership.
The year marked the completion of Suzlon’s scale-up phase, with a significant increase in turbine deliveries. The company now holds a firm order book of 5.6 GW, providing long-term visibility and a strong foundation to meet future demand for clean and locally manufactured wind energy. Continued emphasis on safety, quality, environmental, social, and governance (ESG) standards, and customer satisfaction will drive growth as India’s renewable energy sector expands.
Financial performance in FY25 included growth in revenue, profitability, and EBITDA, along with a robust net cash position. The results underscore the strength of Suzlon’s operating model and its financial discipline. The company remains focused on responsible capital allocation and long-term balance sheet resilience.
In the Wind Turbine Generator (WTG) segment, Suzlon delivered 1.55 GW during FY25, reflecting 118% year-on-year growth. Contribution margins rose to 23%, supported by a 4.5 GW manufacturing capacity. The expansion included ten new production lines for the S144 – 3.X MW series and additional nacelle capacity in Daman and Pondicherry. Investment in domestic manufacturing and supply chain development remains central to supporting India’s renewable goals.
Suzlon’s Operations and Maintenance Services (OMS) division manages 15 GW of installed capacity across India, representing over USD 10 billion in renewable energy assets. Gujarat leads with 4.2 GW under management, followed by Rajasthan and Maharashtra. The annuity-based model and high customer retention continue to provide predictable revenue and support growth.
The S144 wind turbine, designed and built in India, remains the cornerstone of Suzlon’s technology portfolio. It is engineered for Indian site conditions and hybrid power plant integration, enabling efficient grid connectivity and energy output. In FY25, it accounted for over 1.25 GW of deliveries and now represents 91% of the current order book.
Suzlon’s S144 turbine also holds the distinction of having the lowest product carbon footprint in the industry, at 6.16 gCO₂/kWh. The company maintains industry-leading ESG performance, with consistent recognition from CRISIL, Sustainalytics, and S&P Global. Progress continues toward achieving net-zero Scope 1 and Scope 2 emissions ahead of the 2035 target. The company has already achieved 90% Zero Waste to Landfill at the Group level, ahead of its 2028 commitment, and has fulfilled product stewardship goals for the financial year.
Talent development remains a key focus. Suzlon is building a future-ready workforce by investing in expertise across technology, ESG, digital systems, and supply chain operations. The company is committed to closing skills gaps and creating long-term green career opportunities.
With approximately 21.1 GW of wind energy capacity installed across 17 countries, Suzlon operates as a vertically integrated renewable energy provider. Headquartered in Pune, India, and supported by R&D centers in Germany, the Netherlands, Denmark, and India, Suzlon maintains global reach with a strong domestic foundation. The company employs around 7,800 people and manages 15.1 GW of assets in India, with an additional 6 GW installed internationally. Its product portfolio includes the advanced 2.x MW and 3.x MW turbine series.
