Suzlon Energy reports a net profit of Rs 6.7 billion in July-September 2020 quarter

Suzlon Energy has posted a consolidated net profit of around Rs 6.70 billion in the September quarter mainly due to lower expenses as compare to net loss of over Rs 7.77 billion in the quarter ended September 2019.

Total income of the company decreased to Rs 7.36 billion in the quarter from Rs 8.17 billion in the same period a year ago. Total expenses of the firm came down to Rs 8.86 billion in the quarter from Rs 15.51 billion in the same period last year. Further, the finance cost of the firm came down to Rs 1.97 billion in the quarter from Rs 3 billion in the same period last year.

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