Suzlon net rises 14%

January 31st, 2010 by Drops Savings Leave a reply »

Jan. 30 (Bloomberg) — Suzlon Energy Ltd., India’s biggest maker of wind-turbine generators, reported an unexpected profit in the third quarter after selling a stake in a unit.

Net income, including that of subsidiaries, was 141 million rupees ($3.05 million) in the three months ended Dec. 31, compared with a 648.7 million-rupee loss in the year-earlier period. The median estimate of nine analysts compiled by Bloomberg was for a loss of 389 million rupees.

http://www.bloomberg.com/apps/news?pid=20601091&sid=a42R8puf_fXI

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