Suzlon Energy CFO Himanshu Mody Tendered Resignation Following Q1FY26 Results

On Aug 13, 2025, Suzlon share price will be on investors’ radar as the company announced its financial results for the quarter ended June 30, 2025. Along with Q1FY26 results, the company notified the market that its Chief Financial Officer Mr. Himanshu Mody has tendered his resignation, which will be effective from August 31, 2025.

Following the effective date, Mr. Himanshu Mody will cease to be a Key Managerial Personnel (KMP) of the Company. However, the company has not specified any reason behind the exit of Himanshu Mody. Also, Suzlon Energy is in advanced stage of appointing a new Chief Financial Officer of the Company.

Suzlon Energy Q1FY26 Highlights

In Q1 FY26, Suzlon Energy Limited reported a robust financial performance with a profit before tax of ₹459 crore and a net profit (PAT) of ₹324 crore. The order book has demonstrated consistent growth over the past 10 quarters, culminating in the company’s highest-ever Q1 deliveries of 444 MW. It secured fresh orders totaling 1 GW, taking the total order book to an impressive 5.7 GW, of which 75% comprises Commercial & Industrial (C&I) and Public Sector Undertaking (PSU) projects.

The company also maintained a strong financial position with net cash reserves of ₹1,620 crore as of June 30, 2025. On the growth front, the investment and bidding pipeline remains robust, with over 41 GW of opportunities across central, state, and C&I segments. Demand is being propelled by rising interest in hybrid tenders and PSU bids, particularly in connection with SECI’s green hydrogen and electrolyser auctions.

Looking ahead, the domestic market outlook remains highly promising, with a national target of 122 GW wind capacity by FY32. Wind energy is expected to play a central role in hybrid, round-the-clock (RTC), and firm and dispatchable renewable energy (FDRE) projects. Additionally, the C&I sector alone is projected to need 78 GW of renewable energy by FY30, underscoring strong demand fundamentals.

Also Read: Suzlon Energy Q1 Earnings Results Out: Net Profit Rises to ₹324 Crore, Order Book Grows to 5.7 GW

Suzlon Energy Management Take on Q1FY26

Girish Tanti, Vice Chairman, Suzlon Group, said, “The energy sector is undergoing a structural shift where winddominant FDRE and RTC solutions are essential for delivering firm, reliable, and affordable clean power to India. The rising demand from C&I and PSU customers, along with a strong base of repeat orders, reflects the trust in Suzlon’s technology leadership and execution capabilities.

India, achieving 50% non-fossil fuel capacity well ahead of its target are reshaping the manufacturing ecosystem. With our integrated domestic value chain, Suzlon is best positioned to leverage this momentum and drive India’s clean energy economy forward.”

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.