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Suzlon Energy reports standalone net loss of Rs 812.67 crore in the March 2018 quarter

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Capital Market

Sales decline 58.12% to Rs 1540.87 crore

Net loss of Suzlon Energy reported to Rs 812.67 crore in the quarter ended March 2018 as against net profit of Rs 349.58 crore during the previous quarter ended March 2017. Sales declined 58.12% to Rs 1540.87 crore in the quarter ended March 2018 as against Rs 3679.30 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 1156.14 crore in the year ended March 2018 as against net profit of Rs 355.70 crore during the previous year ended March 2017. Sales declined 33.44% to Rs 6142.62 crore in the year ended March 2018 as against Rs 9229.21 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1540.873679.30 -58 6142.629229.21 -33 OPM %10.4418.58 -10.8119.88 - PBDT-269.40529.19 PL -189.461305.42 PL PBT-391.08422.52 PL -608.74891.43 PL NP-812.67349.58 PL -1156.14355.70 PL

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First Published: May 31 2018 | 3:51 PM IST

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