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Suzlon Energy’s consolidated net loss narrows to Rs 57 crore in Q4

30 Jun 2021 Evaluate

Suzlon Energy has reported results for fourth quarter and year ended March 31, 2021.

The company has reported net loss at Rs 221.87 crore for the quarter under review as compared to net loss to Rs 874.69 crore for the same quarter in the previous year. However, total income of the company reports many fold jumps at Rs 550.95 crore for Q4FY21 as compared Rs 61.54 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributed to the owners of Rs 56.65 crore for the quarter under review compared to net loss to Rs 823.53 crore for the same quarter in the previous year. However, total income of the company increased by 73.19% at Rs 1,141.15 crore for Q4FY21 as compared Rs 658.89 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported net loss at Rs 398.40 crore as compared to net loss Rs 3276.63 crore for the previous year. However, total income of the company reports many fold jumps at Rs 1,317.06 crore for year under review as compared to Rs 612.13 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported net profit attributed to the owners at Rs 104.18 crore as compared to net loss of Rs 2642.23 crore for the previous year. However, total income of the company increased by 12.17% at Rs 3,365.59 crore for year under review as compared to Rs 3,000.42 crore for year ended March 31, 2020.

Suzlon Energy Share Price

53.58 -1.40 (-2.55%)
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