Suzlon Energy has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has reported a net loss of Rs 696.64 crore for the quarter ended June 30, 2012 against net profit of Rs 137.83 crore for the corresponding period last fiscal. Total income decreased by 55.81% at Rs 685.62 crore during the quarter under review from Rs 1551.54 crore in the year-ago period.
On consolidated, the company has reported a net loss of Rs 848.97 crore for the quarter ended June 30, 2012 against net profit of Rs 60.12 crore for the corresponding period last fiscal. However, total income increased by 9.88% at Rs 4847.96 crore during the quarter under review from Rs 4411.89 crore in the year-ago period.
