Suzlon Energy Ltd has announced the following Unaudited results for the quarter ended December 31, 2010:
The Company has posted a net Profit of Rs 12.00 million for the quarter ended December 31, 2010 where as the net Loss of Rs (2851.40) million for the quarter ended December 31, 2009. Total Income is Rs 12922.40 million for the quarter ended December 31, 2010 where as the same was at Rs 8105.00 million for the quarter ended December 31, 2009.
The Consolidated Results are as follows :
The Unaudited consolidated results for the Quarter ended December 31, 2010
The Group has posted a net loss after share in associate's and minority interest of Rs (2535.70) million for the quarter ended December 31, 2010 where as the Net Profit of Rs 141.00 million for the quarter ended December 31, 2009. Total Income is Rs 45282.50 million for the quarter ended December 31, 2010 where as the same was at Rs 56259.00 million for the quarter ended December 31, 2009.
- Hansen Transmissions International NV ("Hansen") ceased to be a subsidiary of the Company with effect from November 24, 2009. The Company is holding 26.06% stake in Hansen as on December 31, 2010 and accounted for it as an associate. The consolidated financial figures for year ended March 31, 2010 inter alia include the financial figures of Hansen till November 2009 as subsidiary and subsequently as an associate. Accordingly, the consolidated financial results for the quarter and nine months ended December 31, 2010 are to that extent not comparable with the consolidated financial results of the prior periods presented.Read More
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Friday, February 04, 2011
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