Suzlon shares were buoyant on the Mumbai stock market this morning after the Indian wind group reported strong quarterly revenue and profit figures.
Suzlon boosted its revenue by 76% year-on-year to reach 33.07bn rupees ($492m) in the October to December 2016 quarter, the third of its financial year.
Profits rose 124% to 7.45bn before interest, tax, depreciation and amortisation (Ebitda) compared to the same period in 2015, while net profit was 3bn rupees – turning around a small loss at the same stage last year.
The
