Suzlon’s consolidated profit falls (Live mint.com 30th Jan 2008)India’s biggest maker of wind-turbine generators, Suzlon Energy Ltd, posted a lower third quarter (Q3) consolidated profit, mainly on high interest costs related to its acquisitions of Germany-based Repower Systems AG and Belgium’s Hansen Transmissions International NV.
Suzlon earned Rs151.69 crore on a consolidated basis, compared with Rs174.39 crore in the corresponding period last year. Its consolidated incomestood at Rs3,242.29 crore, against Rs1,939.29 crore in the year-ago quarter, the company said in a filing to the Bombay Stock Exchange. The firm said its order book stood at Rs17,107.41 crore— Rs14,702.74 crore for exports and Rs2,404.67 for domestic sales—as on 25 January. More
Suzlon earned Rs151.69 crore on a consolidated basis, compared with Rs174.39 crore in the corresponding period last year. Its consolidated incomestood at Rs3,242.29 crore, against Rs1,939.29 crore in the year-ago quarter, the company said in a filing to the Bombay Stock Exchange. The firm said its order book stood at Rs17,107.41 crore— Rs14,702.74 crore for exports and Rs2,404.67 for domestic sales—as on 25 January. More
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