Suzlon Energy Ltd has announced the financial results for the quarter ended September 30th 2012.

The Company has posted a net loss of INR (5463.30) million for the quarter ended September 30th 2012 as compared to net loss of INR (193.90) million for the quarter ended September 30th 2011.

Total income has decreased from INR 20294.10 million for the quarter ended September 30th 2011 to INR 7353.40 million for the quarter ended September 30th 2012.

The Group has posted consolidated net loss after taxes, Minority Interest and share of profit/Loss of Associates of INR (8077.40) million for the quarter ended September 30th 2012 as compared to net profit of INR 480.00 million for the quarter ended September 30th 2011.

Total income has increased from INR 51544.50 million for the quarter ended September 30th 2011 to INR 57843.90 million for the quarter ended September 30th 2012.

Source - Equity Bulls

(www.steelguru.com)