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Suzlon registers Rs 1,272 crore revenue in Q1 FY19

By Niranjan Mudholkar,

Added 06 August 2018

Healthy order backlog of 1,134 MW as on date

Suzlon Group Q1 FY19 financial performance at a glance (consolidated):

Revenue: Rs 1,272 crore

EBITDA (Pre Forex) of Rs. 77 crore, margin of 6.1%

Net loss (Pre fx) of Rs. 321 crore in Q1 FY19

Debt (excluding FCCB)

*Gross term debt at Rs 7,136 crore

Working capital debt at Rs 3,471 crore

Order book

Order book as on 30th June 2018 stands at 1,134 MW

Consolidated customer advance stands at Rs. 935 crore

 

Key highlights:

MNRE sets target of 5 GW by 2022 and 30 GW by 2030 for offshore wind energy

*Impacted due to forex fluctuation on foreign currency denominated term debt.

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