Prabhudas Lilladher has come out with its earnings estimates on Suzlon Energy for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 8% at Rs 7,961 crore, Year-on-Year (YoY) basis.
The company's net profit is seen down 86.8% at Rs 56.9 crore, YoY.
The domestic volumes are expected to be up 16.6% YoY at 484MW. It is majorly driven by strong domestic order book, while the international volume is likely to dip by 35%. Expect the Suzlon wind business to be in red. However, strong performance by REpower will help make modest profit for the quarter.
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