Suzlon’s Loss Narrows as India Wind Market Improves
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Suzlon Energy Ltd., India’s biggest wind-turbine maker, reported a narrower loss in the fiscal first quarter as it benefits from improving margins and policy decisions in its home market.
The net loss shrank to 7.5 billion rupees ($125 million) in the three months through June from 10.6 billion rupees a year earlier, the Pune-based company said today in an e-mail. Total income rose 20 percent to 46.7 billion rupees.