Mumbai: Wind power major Suzlon Energy on Tuesday posted a net profit of Rs151.69 crore for the quarter ended 31 December 2007, while it was Rs174.39 crore in the corresponding period last year.
The total income of the firm increased to Rs3,242.29 crore for the quarter under review, whereas, it was Rs1,939.29 crore during the same quarter in 2006, the company said in a filing to the Bombay Stock Exchange.
The standalone net profit of the firm stood at Rs338.18 crore for the latest quarter, whereas, it was Rs176.23 crore in the same period last year.
The income of the firm stood increased at Rs1,683.16 crore for the quarter under review, while it was Rs1,126.07 crore in the year-ago period.
Earlier in 2006, the company through its Netherlands-based subsidiary had acquired Eve Holding NV, Belgium, for over Rs2,502 crore. The company is engaged in the business of design, development, manufacturing and supply of industrial and wind gear boxes.
The consolidated results for the quarter ended 31 December 2006 and year ended 31 March 2007 include the financial figures of Eve Holding. Accordingly, the consolidated financial results for the latest quarter are not comparable with the consolidated financial figures of the prior periods.