Suzlon reported a consolidated net loss for the quarter of 3.6bn rupees ($76.3m), compared to a loss of 228.4m rupees during the same period last year.

Consolidated revenue at the Pune-based company tumbled 31% to 48.4bn rupees on the back of lower orders throughout the first half of the year.

Suzlon lowered its full-year guidance on sales volume to 1.9 gigawatts (GW) to 2.1GW,