The Indian wind group recorded a consolidated net profit of 4.8bn rupees ($71.9m) in the year to 31 March, as revenue soared 69% to 82.6bn rupees.
“We are back to profit,” said chairman and managing director Tulsi Tanti. “The Indian market is expected to increase by 30% in fiscal 2017 and Suzlon will continue to outpace the industry.”
The Pune-based turbine supplier’s domestic market share reached 26%, from 19% in fiscal 2015.
