Suzlon Energy reports Rs 670 cr net profit in September quarter

Suzlon Energy has posted a consolidated net profit of around Rs 670 crore in the September quarter mainly due to lower expenses. The company had recorded a consolidated net loss of over Rs 777 crore in the quarter ended on September 30, 2019, showed a BSE filing at midnight on Tuesday.

Total income of the company dipped to Rs 736.70 crore in the quarter from Rs 817.45 crore in the same period a year ago. Total expenses of the firm came down to Rs 886.43 crore in the quarter from Rs 1,551.16 crore in the same period last year.

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