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Suzlon Energy reports consolidated net loss of Rs 572.86 crore in Q1

06 Aug 2018 Evaluate

Suzlon Energy has reported results for first quarter ended June 30, 2018.

The company has reported net loss at Rs 334.28 crore for the quarter under review as against net profit of Rs 32.38 crore for the same quarter in the previous year. Total income from operations of the company decreased by 61.78% at Rs 857.79 crore for Q1FY19 as compared Rs 2,244.38 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 572.86 crore for the quarter under review as against net profit of Rs 49.06 crore for the same quarter in the previous year. Total consolidated income from operations of the company decreased by 50.52% at Rs 1,289.94 crore for Q1FY19 as compared Rs 2,606.87 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Waaree Energies 2336.20
Apar Industries 17996.00
Havells India 1046.15
Suzlon Energy 39.02
Siemens 3745.50
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