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Suzlon Energy shares fall 4% as Nuvama, others slash target prices after Q2 margins disappoint. What lies ahead?

Source: Economic Times · Oct 30, 2026 04:00 UTC

The Quick Take

Suzlon Energy shares fell after the company reported a 69% year-on-year decline in Q2 FY27 net profit to Rs 394 crore, despite a 26% rise in revenue driven by record wind turbine deliveries. Nuvama said profit and EBITDA missed estimates. The profit decline was largely due to a high base in the year-ago quarter, when Suzlon recognised a one-time deferred tax asset benefit of Rs 891 crore.

Read the full story at Economic Times →

Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Economic Times.

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