Bloomberg News

Suzlon Energy Falls as Loss Widens on Taxes, Interest

February 12, 2012

Feb. 13 (Bloomberg) -- Suzlon Energy Ltd., India’s biggest maker of wind turbines, fell in Mumbai after reporting a wider- than-estimated loss as interest costs and provision for deferred taxes increased.

Suzlon shares fell as much as percent 5.4 percent to 29.15 rupees and traded at 29.20 rupees as of 9:16 a.m local time. The benchmark Sensitive Index gained 0.1 percent.

To contact the reporter on this story: Siddharth Philip in Mumbai at sphilip3@bloomberg.net

To contact the editor responsible for this story: Indranil Ghosh at ighosh@bloomberg.net


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