Suzlon Q4 2018 & FY2018 Results

Suzlon has Reported Q4 Loss of Rs.470 crores Vs profit of Rs.589 Crores YoY.

Suzlon has reported FY2018 Loss of Rs.384 Crores Vs Rs.852 crores YoY.

Revenue for Fourth Quater was Rs.2236 Crores Vs Rs.4993 Crores an decrease of 55% YoY.

Revenue of full year Was Rs.8292 Crores Vs Rs.12693 Crores a fall of 34.6%

Company has launched 3 new products which has higher energy yields. These newly launched products will help company to protect its margin to some extent and also help to lower cost of energy per unit for customers .Thus will enable to be competitive in market.

Suzlon Energy has guided for Rs.12000-13000 Crores of revenues for FY2019 with EBITA Margins near to 14%.

Suzlon has gained market share in current year to 35% from 32%.

 

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