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Suzlon Energy has allotted 2,23,74,033 equity shares under ESOP on 03 June 2026. With this allotment, the paid up equity share capital has increased to Rs.2747,58,17,584 comprising of 1373,79,08,792 fully paid up equity shares of face value of Rs 2 each.

Suzlon Energy announced the appointment of Ashok Ramachandran as the new President, India Business and Senior Managerial Personnel, effective from 4 June 2026. Ashok brings over two decades of global leadership experience in energy, industrial products, and vertical mobility, spanning India, Southeast Asia, and Australia. His appointment comes at a very crucial time as Suzlon accelerates its transition towards becoming a wind-first full-stack renewable energy company. He will be reporting to Ajay Kapur, Chief Executive Officer, Suzlon Group. Ashok is widely recognized for driving execution-led transformation at scale across complex, high-growth industries. As Chief Operating Officer and board member at JSW, he played a key role in shaping the company`s long-term growth strategy, helping accelerate its capacity journey from nearly 5 GW to 30 GW in close to 3 years.Prior to this, Ashok has spent majority of his career with Schindler Group. As the CEO & President - Schindler India & South Asia, he led the company`s largest and most strategic markets across Manufacturing, Operations and R&D, delivering strong operational performance and scaling revenues three-fold from Rs 1,000 crore to Rs 3,000 crore.

Net profit of Suzlon Energy declined 5.74% to Rs 1114.35 crore in the quarter ended March 2026 as against Rs 1182.22 crore during the previous quarter ended March 2025. Sales rose 44.91% to Rs 5468.06 crore in the quarter ended March 2026 as against Rs 3773.54 crore during the previous quarter ended March 2025.For the full year,net profit rose 52.70% to Rs 3163.39 crore in the year ended March 2026 as against Rs 2071.63 crore during the previous year ended March 2025. Sales rose 53.71% to Rs 16679.11 crore in the year ended March 2026 as against Rs 10851.32 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales5468.063773.54 45 16679.1110851.32 54 OPM %17.6318.38 -18.1217.12 - PBDT926.22643.99 44 2740.171705.82 61 PBT833.24551.24 51 2421.721446.63 67 NP1114.351182.22 -6 3163.392071.63 53 Powered by Capital Market - Live News

Suzlon Energy has secured a repeat order of 195 MW from Sunsure Energy, taking the total sales of its highly successful 3MW platform to nearly 9 GW. This milestone reflects strong and sustained market adoption for the Suzlon 3X platform. This order builds on the ongoing partnership between Suzlon and Sunsure, bringing the cumulative partnership to nearly 300 MW across Maharashtra and Karnataka, and is expected to grow further. With this order, Suzlon`s orderbook in Karnataka now stands at over 2 GW milestone, marking a key milestone in one of India`s leading wind markets. Suzlon`s current installed base in Karnataka stands at 1,500MW, contributing to 24% of Suzlon`s installed base in South India.Suzlon will install 65 state-of-the-art S144 wind turbine generators (WTGs), each rated at a 3.0 MW capacity. It will supply wind turbines, execute the project, including erection and commissioning. Suzlon will also undertake comprehensive operations and maintenance services post-commissioning. The project is set to be executed in the Bijapur district of Karnataka. In addition, Suzlon is also executing other large commercial and industrial (C&I) projects in the state, with a total capacity of 664 MW.

Suzlon Energy will hold a meeting of the Board of Directors of the Company on 25 May 2026.