Feb 14, 2013, 04.03 PM IST
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.
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