Suzlon Group has announced its third quarter (Q3) results of financial year 2017-18 (FY18). The company delivered 316MW in Q3 FY18 and 844MW for the first 9 months of FY18.
The reported revenue for Q3 is Rs 2,204 crores and Rs 6,056 crores for the first 9 months. EBITDA for the third quarter were Rs 247 crores with a 11.2% margin. For the first 9 months the EBITDA wast Rs 829 crores with 13.7% margin. The company reports a net loss of Rs. 33 crores in Q3 FY18 and a net profit of Rs 86 crores in 9M FY18. Total order backlog at the end of the first 9 months stands at 1,132MW.
