Suzlon Energy posts Rs 808 crore losses for a quarter

The wind energy turbine maker, Suzlon Energy has reported a consolidated loss of Rs 808 crore for the second quarter, amidst the challenges of debt restructuring and a weak macro-economic outlook as against a profit of Rs 48 crore in the same period last year. On the operating level, the company recorded a loss of Rs 300 crore as against a profit of Rs 311 crore last September. Last month, Suzlon defaulted on redemption of foreign currency convertible bonds worth $220 million, after bond

Suzlon Energy, loss of Rs 808 crore for the second quarter, suzlon loss