Wind power major Suzlon Energy has posted a net profit of Rs89.40 crore for
April-June 2007-08 against Rs193.60 crore for the same quarter of the previous
income for the quarter was also lower at Rs862.90 crore against Rs946.70 crore
for the corresponding quarter of the previous year, Suzlon Energy said in a filing
with the Bombay Stock Exchange (BSE).
has started commissioning and installing wind turbine generators (WTGs) through
a subsidiary company effective April 1, 2007, which was earlier done through an
company had also transferred certain related assets of the promoter company pertaining
to this business to the subsidiary. The figures for the quarter ended June 30,
2007 are therefore not comparable with the prior period, Suzlon Energy said.
said it has an order book position of Rs13,496.83 crore comprising of Rs1,711.21
crore of domestic orders and Rs11,785.62 crore of export orders as on date.
group recorded a net profit after minority interest of Rs18.89 crore for the quarter
ended June 30, 2007 as against Rs95.27 crore for the same quarter of the previous
year. Total income was Rs1987.27 crore for the quarter against Rs1085.04 crore
a year ago.
the company through its wholly owned subsidiary, the Netherlands-based AE-Rotor
Holding B V, acquired Belgium-based EVE Holding NV for Rs2,502.64 crore in May
EVE Holding, Suzlon has 100 per cent ownership of Hansen Transmissions International
NV, Belgium and its subsidiaries, which are engaged in the business of design,
development, manufacture and supply of industrial and wind gear boxes.
consolidated financial figures for the quarter ended June 30 and year ended March
31, include the financial figures of eve holding from May 9, 2006. The consolidated
financial results for the quarter are, therefore, not comparable with the consolidated
financial figures of the prior periods presented, Suzlon Energy said.