Suzlon’s revenue grows 66 percent in third quarter

By IANS

New Delhi : India’s leading wind power equipment manufacturer Suzlon Energy Ltd has reported consolidated revenues of Rs.31.7 billion ($806 million) in the third quarter (Oct-Dec) of the current financial year, showing a 66 percent growth over the corresponding period of last fiscal.

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“The company’s overseas business contributed around 54 percent of the total revenues,” the company said in a statement Tuesday.

“The company posted profit after tax (PAT) of Rs.1.43 billion in this quarter,” the statement said.

“Its consolidated order book stood at Rs.171 billion ($4.34 billion) as on January 25, 2008,” the company said.