The Hindu Business Line : Suzlon Energy suffers Rs 185-cr loss

Chennai, Oct. 31 Suzlon Energy Ltd posted a loss of Rs 185 crore for the second quarter of this financial against a profit of Rs 17 crore for the corresponding period last year. Its income from operations fell to Rs 616 crore from Rs 2,226 crore.

On a consolidated basis, the company posted a loss of Rs 356 crore on an income of Rs 4,793 crore compared with a loss of Rs 23 crore on an income of Rs 6,921 crore for the corresponding period last year.

Suzlon informed the stock exchanges that it had an order book of Rs 8,285 crore, including Rs 7,600 crore of export orders. It was still in discussions to sell its stake in Hansen, the gear manufacturer.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Nigeria seeks Apollo’s help to modernise healthcare system

Unitech net tanks over 50% in Q2

Jindal Steel & Power’s net pulled down 32% by lower price realisations

Hindalco net dented by more than 50% in Q2

Suzlon Energy suffers Rs 185-cr loss

Reliance Infrastructure profit up 6%

PowerGrid plans Rs 3,000-cr follow-on offer in April/May

Why Bajaj Hindusthan is interested in Balrampur Chini

Cos may have to separate posts of Chairman, CEO

GMR group completes Istanbul terminal

DLF plans ‘value’ housing to expand market reach, unlock land banks

India Inc manages to make profits on lower sales in Q2