Q4FY17 Results : Suzlon Energy Ltd
Suzlon Energy Ltd reported its results for the quarter ended March 31, 2017 today.
The company's total sales for Q4FY17 came in at Rs 4992.59 crore, which represents a 50.56 percent sequential increase and 55.08 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 126.14 crore and its EBIT margin stood at 2.53 percent.
The company reported PAT of Rs 596.9 crore, which represents a sequential QoQ increase of 92.56 percent and a YoY decline of 285.97 percent.
Suzlon Energy Ltd is a wind power company based in India which also manufactures wind turbines. It is a vertically integrated wind turbine maker in the world, with manufacturing capabilities for all key components and covering the entire gamut of wind power equipments.