Suzlon Energy Ltd. reported a net loss of Rs 260 crore for quarter-ended June, against a profit of Rs 1,014 crore in the same quarter of last year.
Its sales declined 36 percent to Rs 1650 crore year-on-year. Its EBITDA came in at Rs 171 crore, while its EBITDA margin stood at 10.4 percent.
The wind turbine maker had reported a one-time gain of Rs 1,289 crore in the June quarter of previous year.
The company's order book stands at 1,205 MW valued at Rs 7,657 crore, according to its press release.
Suzlon Says
- Wind energy to grow by more than 30 percent in FY17.
- Global Wind Energy Council forecasts global wind energy capacity to double over the next five years, representing growing demand
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