Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. People with knowledge of the matter told Bloomberg creditors led by State Bank of India will have to take a haircut of as much as 44 per cent on Suzlon’s debt if the offer is accepted Let's reshape it today, Hunt for the brightest engineers in India. ... Walmart's Flipkart eyes overseas listing as early as 2021: Sources; The S&P BSE Sensex plunged over 200 points in trade on Wednesday tracking muted trends observed across major global markets. 2013-14. 2017-18 . Read on for a complete analysis of SUZLON ENERGY's quarterly results. Suzlon Net Loss Widens to Nearly ₹4 Billion in Q1 of FY 2021. They are just starting: Raghuram Rajan, Invesco India Largecap Fund Direct-Growth, Why technology is the only path to sustained growth for MSMEs, Rakesh Jhunjhunwala books profit in this top tractor maker, Raghuram Rajan's 10-point guide on what will and won't work for India in a pandemic, IRFC IPO: Grey market premium tepid, but brokers say issue attractive, India's medium-term growth to slow to around 6.5% after initial rebound: Fitch, Middle class set to gain from higher tax deductions likely in Budget 2021, SBI MF dumps Bandhan Bank and metal biggies, bets on debutants, Indigo Paints fixes IPO price band at Rs 1,488-1,490; grey market premium @ 60%, Stocks in the news: SAIL, Infosys, HAL, Wipro, Adani Green & IndusInd Bank, Petrol, diesel prices hiked again, scale new highs, OnePlus Band, firm’s first-ever wearable device, helps in monitoring SpO2 level. The company is expected to post a net loss of Rs 90 cr for the quarter ended June 2012. Rakesh is a staff reporter at Mercom India. Suzlon accounts for nearly one-third of the country's total wind installations. See GAAP to non-GAAP reconciliation in our appendix. For reprint rights: Govt-farmer meeting ends; Next round on Jan 19, Vaccine poll shows mistrust of Russia, China shots, What crossing $10-bn turnover means for HCL Tech, Delhi geared up for vaccination roll-out tomorrow, The Economic Times Digital Payments Forum, Looking at the Sensex, one thinks problems are over. 10-Nov-20 Suzlon announces Q2 FY21 Results Pune, India: Suzlon Group, ... 14-Aug-19 Suzlon announces Q1 FY20 results Pune, India: Suzlon Group, India's largest renewable energy solutions provider, announced its first quarter results for financial year 2019-20 (Q1 FY20). Previously, Mercom had reported that Suzlon had announced that it would sell two of its solar subsidiaries to Ostro Energy, a wholly-owned subsidiary of independent power producer, ReNew Power. We have started securing new orders in Q1 and have a healthy order book of 867 MW. Never miss a great news story! 2020-21 . Brokerage ICICI Securities in a note said that the on-ground visits to various SEBs reinforced its believe that many of them are currently too weak to lend support to wind power. The 1100 MW wind park in the Kutch district, Gujarat, with plans to expand it to 2000 MW in the next four to six years. Here is a list of top twenty stocks that are likely to be in focus today. FY20 Q1. Find here all information on Schneider Electric Infrastructure Limited - Code of Conduct, Board Meetings/AGM Notices, Annual Report & Financials, Research Reports, Policies,Shareholding Pattern, Dividend/Status of Unclaimed Dividend, Corporate Governance, Book Closure, Postal Ballot/e-voting Result, Announcements, Important Dates , Insider Trading Code, WESOP. Get latest articles and stories on Latest News at LatestLY. Suzlon Energy Ltd is set to announce its quarterly today. Farmer leader Joginder Singh Ugrahan told reporters after the meeting that the unions urged the govt to repeal the three laws, but the ... Is ageing workforce holding back economic growth? As many as 293 stocks, including Aban Offshore & Khadim India hit 52-wee... Group of Ministers led by Home Minister discussed the revival of ... Adani Ports witnessed the biggest spike in OI contracts at 42.40%, followed by Motherson Sumi 32.85%. Registered Office: 904, Surya Kiran Building, K.G. Tomorrow is different. 2014-15. Net losses during the year widened to ₹26.92 billion (~$362.3 million) during FY 2020 from ₹15.37 billion (~$206.8 million) a year earlier, according to the company’s previous release. 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. The Indian market is expected to open flat-to-higher. R&D. Earlier, Suzlon announced that it had completed restructuring its debt with the unanimous approval from its secured lenders. Annotate, download XLSX & look up similar tables Tentative dates of AGM and Q1 Results FY 2020-21: ... 05.05.2021 (Wednesday) 05.05.2021 (Wednesday) Disclaimer: Details are tentative and subject to change. As the debt resolution plan was implemented at the end of Q1 FY21, the impact of the reduction in interest cost will be seen in the coming quarters. Feb 12, 2020: Suzlon announces Q3 FY20 results Nov 14, 2019: Suzlon announces Q2 FY20 results Aug 14, 2019: Suzlon announces Q1 FY20 results Mar 27, 2019: India’s Suzlon Energy completes sale of two subsidiaries to CLP Feb 07, 2019: Suzlon well positioned to … More articles from Rakesh Ranjan. Suzlon's contribution to the renewable energy produced in India has been incomparably great and indisputable. All Rights Reserved. Track performance, allocation, dividends, and risks. Suzlon Group, a renewable energy solutions provider, announced its financial results for the first quarter (Q1) of the financial year (FY) 2020-21. Find the inventory of Forthcoming results calendar of various Companies. Further, its earnings before interest, taxes, depreciation, and amortization (EBIDTA) for the quarter ended June 30, 2020, were ₹910 million (~$12.43 million), and the EBIDTA margin improved to 17.7% for the same period. The wind turbine maker posted a consolidated net loss of Rs 398.34 crore in Q1 June 2020, higher than net loss of Rs 336.70 crore reported in Q1 June 2019. Pune-based wind turbine manufacturer Suzlon Energy Limited reported a net profit of ₹6.75 billion (~$91.6 million), a turnaround from last year’s net loss of ₹7.78 billion (~$104.4 million). Suzlon Q1 Result Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Toggle navigation ... we present the financial statements of Suzlon Energy Limited for the years gone by. 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