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Suzlon Energy reports consolidated net loss of Rs 1075.25 crore in Q3

17 Feb 2014 Evaluate

Suzlon Energy has reported results for third quarter ended December 31, 2013.

The company has reported a net loss of Rs 673.62 crore for the quarter as compared to net profit of Rs 930.90 crore for the same quarter in the previous year. However, total income of the company has increased by 458% at Rs 564.71 crore for quarter under review as compared to Rs 101.20 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported a net loss after taxes and Minority Interest and Share of Profit of Associates of Rs 1075.25 crore for the quarter as compared to net loss of Rs 1154.53 crore for the same quarter in the previous year. However, total income of the group has increased by 24.27% at Rs 5063.02 crore for quarter under review as compared to Rs 4074.10 crore for the quarter ended December 31, 2012.

Peers
Company Name CMP
Waaree Energies 2297.50
Apar Industries 15813.00
Havells India 1015.20
Suzlon Energy 33.81
Siemens 3307.75
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