Suzlon Energy Q4 loss widens to Rs 1,212 crore

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 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.