SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Suzlon Energy showcases turnaround; Q1 consolidated net profit at Rs 60.12 crore

01 Aug 2011 Evaluate

Suzlon Energy has reported results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter stood at Rs 110.07 crore as compared to the net loss of Rs 407.63 crore for the corresponding quarter of the previous year. Its total income zoomed by 11.6.52% at Rs 1236.82 crore for the quarter under review whereas the same was at Rs 571.22 crore for the corresponding quarter of the previous year.

On consolidated basis, the Group’s net profit after share in associates profit and minority interest came in at Rs 60.12 crore for the quarter as compared to net loss of Rs 912.22 crore for the June quarter of the previous year. Its total income shot up by 81.71% at Rs 4411.89 crore for Q1FY12 whereas the same was at Rs 2427.97 crore for the Q1FY11.

During the last quarter of the FY 2010-11, the company concluded that non-alignment of the revenue recognition policy of REpower to that of Suzlon that would result in more appropriate presentation of the financial statements and changed the process of consolidation from quarter ended March 31, 2011. Accordingly, the consolidated financial results for the quarter ended June 30, 2011 are to that extent not comparable. Further, the company reported that if it had applied the same policy in the quarter ended June 30, 2010, the revenues and the net loss after tax for the quarter ended June 30, 2010 would have been higher by Rs 303.85 crore and Rs 12.14 crore respectively.

Suzlon Energy Share Price

53.89 0.15 (0.28%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1238.50
Siemens 3807.00
Apar Inds 11541.30
ABB India 7327.00
Waaree Energies 3305.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×