Suzlon Energy Q1 Results: Profit plunges 96% YoY to Rs 101 cr; stock crashes 5%
Suzlon Energy on Tuesday reported a consolidated net profit of Rs 101 crore for the quarter ended June as part of its Q1 earnings. It was down 96% from Rs 2,433 crore reported in the corresponding quarter of last year.
On a sequential basis, the net profit declined 64% from Rs 280 crore clocked in the preceding March quarter.
