Suzlon Energy Ltd has posted a standalone profit of Rs 309.82 crore on income from operations of Rs 1,566.21 crore for the 2010-11 fourth quarter.
For the same period in the previous year, it had reported a loss of Rs 783.57 on an income of Rs 1,809.03 crore.
For the full year, it reported a loss of Rs 185.66 crore on an income of Rs 4,357.55 crore, against a loss of Rs 1,414.09 crore on an income of Rs 3,488.68 crore in 2009-10.
On a consolidated basis, for the fourth quarter Suzlon posted a profit of Rs 431.59 crore on an income of Rs 7,276.02 crore, against a loss of Rs 188.47 crore on an income of Rs 6,083.61 crore for the same period in the previous year.
For the full year, it has reported a loss of Rs 1,103.43 crore on an income of Rs 17,879.13 crore against a loss of Rs 982.56 crore on an income of Rs 20,619.66 crore in the previous year.
In a press release, Suzlon has issued a FY12 consolidated revenue guidance of Rs 24,000-26,000 crore. The order book stood at Rs 30,100 crore, a 60 per cent year-on-year growth.
The release quoted Mr Tulsi Tanti, Chairman and Managing Director, Suzlon, as saying that the past year had seen consistent improvement in the group's performance. “Our focus on emerging and key developed markets, along with offshore, is paying dividends with a robust order book and a strong pipeline of projects under discussion. The India market, in particular, has delivered tremendous growth.”