Suzlon Energy’s Q4 losses widens to Rs.1,212.06 Crore

Kolkata, May 29 (IANS): Suzlon Energy’s losses during the fourth quarter of 2014-15 widened to Rs.1,212.06 crore from Rs.603.45 crore in the corresponding time period in 2014.

The company’s revenue, in the period under review, shrank by over 35 percent at Rs.4,945.3 crore from Rs.6,683.28 crore for the quarter ended March 31, 2014.

For the fiscal year 2015, the company’s losses widened to Rs.9,157.69 crore from Rs.3,519.97 crore in 2014-15.

Its total income decreased from Rs.20,474.34 crore for the year ended March 31, 2014 to Rs. 20,007.74 crore for the year ended March 31, 2015.