Suzlon Energy today reported a 67.7% increase in consolidated net profit at Rs 394.70 crore for the second quarter ended September 30, 2007 as against Rs 235.30 crore in the corresponding quarter a year ago.Revenue for the quarter stood at Rs 3,694.70 crore, up nearly 76% from Rs 2,095.63 crore during the same quarter of the last fiscal. The company said that it was hedged by sales in rupee, dollar, yen and yuan. Overseas sales was at 51%.The company is planning to raise Rs 5,000 crore via equity or quasi equity. The order book of the company was at 3,250 Mw - that is Rs 16,323 crore. Suzlon is planning to list Hansen on the London exchange soon. The company had acquired Eve Holding NV, Belgium ('Eve Holding') for a consideration of Rs 2,502.64 crore. By virtue of the acquisition of Eve Holding, Suzlon has 100% ownership of Hansen Transmissions International NV, Belgium along with its subsidiaries, which are engaged in the business of design, development, manufacturing and supply of industrial and wind gear boxes and is the second largest wind energy gearbox manufacturer in the world.
