Suzlon Net Loss Widens to Nearly ₹4 Billion in Q1 of FY 2021
The company’s financials suffered due to the COVID-19 disruption as well as recent debt restructuring
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Suzlon Group, a renewable energy solutions provider, announced its financial results for the first quarter (Q1) of the financial year (FY) 2020-21. The company registered revenues of ₹5.13 billion (~$70.1 million) in Q1 of FY 20201, a 39% decline compared to ₹8.33 billion (~$113.7 million) during the same period last year.