Suzlon reports net loss in third quarter

Friday, 30 January 2009, 10:06 Hrs   |    1 Comments
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New Delhi: India's first home-grown wind technology company Suzlon Energy Friday reported a net loss of 3.9 billion for the quarter ended Dec 31 as compared to net profit of 3.38 billion in the corresponding period last fiscal.

The company's total income, too, decreased to 15.47 billion for the third quarter from 16.83 billion last year, a company statement said.

However, Suzlon's order book looks bright with the company receiving orders worth 10,387 crore (103.87 billion), comprising domestic orders valued at 533 crore (5.33 billion) and export orders at 9,854 crore (98.54 billion).

Additionally, the order book position for component business stood at 1,080 crore (10.8 billion), the statement added.
Source: IANS
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