Suzlon Energy board to consider Q1FY27 results on July 28; shares down 10% in July
New Delhi, July 20 -- Suzlon Energy, one of the leading global renewable energy solutions providers, said its Board of Directors will meet on Tuesday, 28 July, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 2026 (Q1FY27).
For the quarter ended March 2026, the company reported a 5.6% year-on-year decline in consolidated net profit to Rs.1,114 crore, primarily due to a lower deferred tax benefit. It had posted a consolidated net profit of Rs.1,181 crore in the corresponding quarter of the previous year.
The company recorded a deferred tax benefit of Rs.284.32 crore during the reporting quarter, significantly lower than the Rs.600.75 crore recognised in the year-ago period.
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