India’s Suzlon Energy has dropped to a loss in the third quarter of its financial year as revenues were hit by the “ subdued market”.
Suzlon reported a loss in the quarter of 33 crores (US$5m) compared to a profit of 282 crores in the same period of last year. The drop was due in part to a fall in revenues to 2204 crores in the quarter from 3316 crores year-on-year.
