Suzlon Q4 net loss at Rs 300 cr

Suzlon Energy has announced its consolidated fourth quarter FY12 results. The company's Q4FY12 net loss at Rs 300 crore versus profit of Rs 211 crore. Bottom line loss due to higher interest cost of Rs 337 crore

It net sales were down 8% at Rs 6700 crore versus Rs 7276 crore.

Its EBITDA was down 66% at Rs 346 crore versus Rs 1024 crore.

Depreciation costs continue to erode bottom line at Rs 202 crore versus Rs 251crore.

Source: www.moneycontrol.com

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Gaurav Agarwal

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DENIP Consultants Pvt Ltd