Suzlon swings back to net profit in Q3 at Rs 274 cr

The company posted a net loss of Rs 121.84 cr in the corresponding period last fiscal

Wind energy major Suzlon Energy Ltd reported a net profit of Rs 274.34 crore for the December 2016 ended quarter against a loss reported in the same period a year back owing to better operational performance. The company reported a consolidated net profit of Rs 274.34 crore in the quarter under review against a loss of Rs 121.84 crore seen in the same period a year back.

Total income in the same period grew to Rs 3,336.82 crore from Rs 1,898.09 crores, a jump of 76%. "Our Q3 FY17 performance further consolidates the growth we have achieved