Suzlon Energy Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:
The Company has posted a net profit of Rs 3381.80 million for the quarter ended December 31, 2007 where as the same was at Rs 1762.30 million for the quarter ended December 31, 2006. Total Income is Rs 16831.60 million for the quarter ended December 31, 2007 where as the same was at Rs 11260.70 million for the quarter ended December 31, 2006.
The Consolidated Results are as follows:
The Group has posted a net profit after shares in Associates profit and Minority interest of Rs 1516.90 million for the quarter ended December 31, 2007 where as the same was at Rs 1743.90 million for the quarter ended December 31, 2006. Total Income is Rs 32422.90 million for the quarter ended December 31, 2007 where as the same was at Rs 19392.90 million for the quarter ended December 31, 2006.
Suzlon Energy Ltd (SEL or Company) through its subsidiary, AE-Rotor Holding B.V., the Netherlands (AE-Rotor) has on May 09, 2006, purchased 100% of the share capital of Eve Holding NV, Belgium (Eve Holding) for a consideration of Rs 2,502.64 crores. By virtue of the acquisition of Eve Holding by AE-Rotor, the Company has 100% ownership of Hansen Transmissions International NV, Belgium (Hansen) along with its subsidiaries, which are engaged in the business of design, development, manufacturing and supply of industrial and wind gear boxes and is the second largest wind energy gearbox manufacturer in the world. The consolidated financial figures for the quarter / nine months ended December 31, 2006 and year ended March 31, 2007 inter alia include the financial figures of Eve Holding from May 09, 2006. Accordingly, the consolidated financial results for the nine months ended December 31, 2007 are to that extent not comparable with the consolidated financial figures of the prior periods presented.
The Company has posted a net profit of Rs 3381.80 million for the quarter ended December 31, 2007 where as the same was at Rs 1762.30 million for the quarter ended December 31, 2006. Total Income is Rs 16831.60 million for the quarter ended December 31, 2007 where as the same was at Rs 11260.70 million for the quarter ended December 31, 2006.
The Consolidated Results are as follows:
The Group has posted a net profit after shares in Associates profit and Minority interest of Rs 1516.90 million for the quarter ended December 31, 2007 where as the same was at Rs 1743.90 million for the quarter ended December 31, 2006. Total Income is Rs 32422.90 million for the quarter ended December 31, 2007 where as the same was at Rs 19392.90 million for the quarter ended December 31, 2006.
Suzlon Energy Ltd (SEL or Company) through its subsidiary, AE-Rotor Holding B.V., the Netherlands (AE-Rotor) has on May 09, 2006, purchased 100% of the share capital of Eve Holding NV, Belgium (Eve Holding) for a consideration of Rs 2,502.64 crores. By virtue of the acquisition of Eve Holding by AE-Rotor, the Company has 100% ownership of Hansen Transmissions International NV, Belgium (Hansen) along with its subsidiaries, which are engaged in the business of design, development, manufacturing and supply of industrial and wind gear boxes and is the second largest wind energy gearbox manufacturer in the world. The consolidated financial figures for the quarter / nine months ended December 31, 2006 and year ended March 31, 2007 inter alia include the financial figures of Eve Holding from May 09, 2006. Accordingly, the consolidated financial results for the nine months ended December 31, 2007 are to that extent not comparable with the consolidated financial figures of the prior periods presented.
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