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Suzlon reports high growth FY08 |
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Friday, 23 May 2008 |
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Suzlon Energy announced results for the
financial year ended March 31, 2008, reporting 71%
growth in revenues.
The company reported consolidated wind turbine sales volume
for FY08 at 2,311MW, compared to 1,456MW in the previous year, a growth of 59%.
Annual revenues stood at INR 13,679.43 crore in FY08, a 71% growth over the
previous year. Revenues from overseas sales stood at INR 8,107.83 crore, around
59.3% of total sales during the period. Profit after tax (PAT) before
exceptional items stood at INR 1168.32 crore. Exceptional items consist of INR
65.46 crore for site restoration, and INR 121.71 crore for rotor blade retrofit
program affecting the PAT by INR 151.17 crore (net of tax). PAT after
Exceptional Items, share in profit of associates, and minority interest stood
at INR 1,030.10 crore.
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