Suzlon Q3 net losses narrow to Rs 1,075 crore; sales up

Suzlon on Friday said it narrowed net losses on a consolidated basis in the quarter to December to Rs 1,075.25 crore from Rs 1,154.53 crore a year ago on better project execution. The Pune-based wind turbine maker's total income during the third quarter ended December 31, 2013 increased to Rs 5,052.2 crore, from Rs 4,047.71 crore a year-ago. "We are reporting losses mainly due to lower sales, adverse impact of foreign currenc...