Suzlon Energy loss widens to nearly ₹399 cr in June quarter
Suzlon Energy on Saturday reported widening of its consolidated net loss to ₹398.86 crore in the April-June quarter compared to the year-ago period mainly due to lower revenues.
The consolidated net loss of the company was ₹336.88 crore in the quarter ended on June 30, 2019, a BSE filing said.
Total consolidated income of the company declined to ₹528.22 crore in the quarter under review from ₹851.09 crore in the same period last year.
About the COVID-19 situation in the country, the company stated that the group’s ability to generate sufficient cash flows to meet its financial obligations in the foreseeable future could be impacted by the undetermined circumstances arising from the pandemic.
