*Suzlon Energy* swung to loss for the quarter ended December 2008. During the quarter, the company reported loss of Rs 3,909.30 million compared with a profit of Rs 3,381.80 million in the same quarter last year due to high operating margin, rise in Interest cost and lower sales volume.
Net sales declined 9.10% to Rs 15,043 million, while total income for the quarter fell 8.05% to Rs 15,477.10 million, when compared with the prior year period. The company reported loss of Rs 2.61 a share during the quarter compared with earnings of Rs 2.34 a share in prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 15,042.90 16,549.60 (9.10) *Net Profit* (3,909.30) 3,381.80 - *Basic EPS* (2.61) 2.34 - During the quarter, the operating margin of the company dropped to 23.50% compared with 23.81% in the previous year period. Interest cost increased 3.06 times to Rs 1,094.30 million while depreciation cost fell 5.92% to Rs 230.60 million over previous year period. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
