Q3 Results impact: Suzlon Energy shares fall 6%, Godrej Properties down 4% after revenue drops 49%

Q3 Results impact: Suzlon Energy shares fall 6%, Godrej Properties down 4% after revenue drops 49%

• Suzlon Energy shares drop 6% after Q3 results despite profit and revenue growth
• Godrej Properties shares fell 4% as Q3 revenue dropped, but profit rose 20%.
• Suzlon initiated a transformation strategy to expand clean energy solutions

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The shares of Suzlon Energy and Godrej Properties shares dropped in trade on February 5 after the companies released their results for the October-December quarter of the ongoing financial year 2026.

Suzlon Energy shares dropped nearly 6 percent to hit an intraday low of Rs 47 apiece, before recovering some losses to close at Rs 47.76 apiece.

Godrej Properties shares declined around 4 percent to Rs 1,649.60 apiece. At close, the stock was down 1.45 percent at Rs 1,686.90 apiece.

Suzlon Energy Q3 Results:

Suzlon Energy on February 5 reported a consolidated net profit of Rs 445.28 crore for the third quarter of the ongoing financial year 2026. This marks a 15 percent year-on-year (YoY) rise from the Rs 386.92 crore net profit reported in the corresponding quarter of the previous financial year.

The firm’s revenue from operations meanwhile rose more than 42 percent YoY to Rs 4,228.18 crore in Q3 FY26, from Rs 2,968.81 crore in Q3 FY25. EBITDA grew 48 percent YoY to Rs 739 crore.

“We have initiated Suzlon 2.0, a comprehensive business transformation strategy aimed at establishing ourselves as a full-stack clean energy solutions conglomerate. This strategic shift broadens our scope across wind, solar, storage, and emerging clean energy technologies, enabling us to offer integrated solutions to our customers,” said Girish Tanti, Vice Chairman, Suzlon Group.

The company’s CEO JP Chalasani meanwhile said, “Our closing order book of 6.4 GW stands higher than the opening orderbook for the quarter, despite the highest-ever deliveries in 30 years. This reflects the demand for our solutions and the effectiveness of our execution. Our balanced EPC strategy – targeting around 50% share of the EPC business by 2028 is progressing steadily, with the EPC share increasing from 20% to 27% this quarter. Our project development pipeline of 25+ GW is also complementing this strategy to augur growth for us. The success of this shift is enhancing revenue visibility, improving project control, and will continue to be a big growth driver for the group,” he added.

Godrej Properties Q3 Results:

Godrej Properties reported a consolidated net profit of Rs 195 crore for Q3 FY26, marking a 20 percent YoY rise from the Rs 163 crore net profit reported in Q3 FY25. Analysts saw Godrej Properties Oct-Dec consolidated net profit at Rs 702 crore, according to Informist.

The firm’s revenue from operations meanwhile fell 49 percent YoY to Rs 498.36 crore during the quarter under review. It reported a 55 percent YoY rise in booking value to Rs 8,421 crore.

Speaking about the company’s performance during the quarter, Godrej Properties Executive Chairperson Pirojsha Godrej said, “Godrej Properties delivered another solid quarter for bookings and earnings. The company has achieved a remarkable increase in scale in the past four years. We are pleased that this sales growth is spread across the markets we are operating in and was on the back of strong volumes and pricing growth. The equity capital of INR 6,000 crore we raised through a QIP last financial year combined with the operating cash flow we are generating will enable us to continue to invest for growth.”

Follow all LIVE updates on Q3 results here.