Suzlon Q3: Analysts expect net loss to rise at Rs 307 cr

Suzlon Energy, world's fifth largest turbine supplier, is set to announce its results for the third quarter of financial year 2012-13 on Thursday. According to CNBC-TV18 poll, consolidated net loss of the company is expected to increase to Rs 307 crore in the quarter from a loss of Rs 286 crore in a year ago period.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » Earnings » Result Poll

Feb 14, 2013, 04.03 PM | Source: CNBC-TV18

Suzlon Q3: Analysts expect net loss to rise at Rs 307 cr

Suzlon Energy, world's fifth largest turbine supplier, is set to announce its results for the third quarter of financial year 2012-13 on Thursday. According to CNBC-TV18 poll, consolidated net loss of the company is expected to increase to Rs 307 crore in the quarter from a loss of Rs 286 crore in a year ago period.

Like this story, share it with millions of investors on M3

Suzlon Q3: Analysts expect net loss to rise at Rs 307 cr

Suzlon Energy, world's fifth largest turbine supplier, is set to announce its results for the third quarter of financial year 2012-13 on Thursday. According to CNBC-TV18 poll, consolidated net loss of the company is expected to increase to Rs 307 crore in the quarter from a loss of Rs 286 crore in a year ago period.

Post Your Comments

Share Cancel

Suzlon Energy , world's fifth largest turbine supplier, is set to announce its results for the third quarter of financial year 2012-13 on Thursday. According to CNBC-TV18 poll, consolidated net loss of the company is expected to increase to Rs 307 crore in the quarter from a loss of Rs 286 crore in a year ago period.

However, total income is seen higher by 10.8 percent to Rs 5,577 crore in the December quarter driven by strong performance by German subsidiary RE Power.

Analysts feel the order inflow is expected to be the key takeaway. The company has seen a slew of orders come in especially for its global subsidiary RE Power.

Suzlon won five orders from January 2013, especially after approval for corporate debt restructuring. The company signed 138 MW firm order in South Africa while the group has signed 350 MW Canada order (largest REpower contract to date), 50 MW order with Orange Renewable Power, 22 MW repeat order from Sri Kumarswamy Mineral Exports Private Limited and two new UK orders.

Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 17.5 percent YoY to Rs 304 crore. Meanwhile, EBITDA margin is seen declining 190 basis points YoY at 5.4 percent in the December quarter.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Suzlon Q3: Analysts expect net loss to rise at Rs 307 cr

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login