Suzlon Energy Q1 net loss narrows to Rs 337 crore on lower expenses
Suzlon Energy’s consolidated net loss narrowed to Rs 336.88 crore in the June quarter, on account of lower expenses.
The company had reported a loss of Rs 575.10 crore in the corresponding period of the previous financial year.
Its total expenses in the April-June 2019 quarter declined to Rs 1,178.39 crore as compared with Rs 1,866.04 crore in the year-ago period, according to a BSE filing.
The firm’s total income dropped to Rs 851.09 crore, compared with Rs 1,289.94 crore a year ago.
In the January-March quarter this year, it had reported a loss of Rs 294.64 crore. The company had reported a net loss of Rs 1,537.19 crore in 2018-19.
