31.05.2013. Find result date. A conference call to discuss the fiscal 2021 second quarter results will be held on Thursday, November 5, 2020, at 2:30 p.m. Eastern Time. Get the latest Suzlon results news, videos and headlines. GAAP net income was $1.23 billion, or $4.55 per share, compared to $560 million, or $2.13 per share, in the same period last year. EBITDA[1]showed a loss of £42m as opposed to a profit of £28m in FY2019, leading to a net loss before exceptional items of £219m greater than the loss of £128m in FY2019[2]. Entrance Result Entrance Result 2019: Sarkari Result, RRB JE Admit Card, RRB ALP Result, UP Police, Sarkari Naukri, Latest Online Form, Admit Card. Suzlon’s revenues and profit stood at Rs 12692.53 crore and Rs 839.47 crore, respectively. Get all the latest updates regarding quarterly, annual and yearly financial Results at BSE India. Nintendo confirmed that Nintendo Switch sales crossed 63 million consoles sold through to customers and 68.3 million consoles shipped. 16048 INE040H01021 Suzlon Manufacture of power generators (except battery charging alternators for internal combustion engines), motor generator sets (except turbine generator set … The results for Q3 (Sept to Dec 2020) will be worth watching. Suzlon Energy Ltd today reported a consolidated loss of Rs 181.10 crore for the quarter ended September 30, 2015. In July, Suzlon announced that it has completed restructuring its debt with the unanimous approval from its secured lenders. Cloud license and on-premise license revenues were down 3% to $1.1 billion. Total revenue was $75 million; Subscription revenue grew 15% year-over-year. Still, a poor season might be expected to lead to more delays in installation. Suzlon Energy Ltd today reported a consolidated loss of Rs 181.10 crore for the quarter ended September 30, 2015. 2015-14. Get Suzlon Energy latest Quarterly Results, Financial Statements and Suzlon Energy detailed profit and loss accounts. “In the Q2 results, we again see a clear improvement in EBIDTA over last year. Suzlon board okays issuance of NCDs worth Rs 4.4K cr under debt recast plan. Share on Share on Share on Share on . 10-Nov-20 Suzlon announces Q2 FY21 Results Pune, India: Suzlon Group, India's largest renewable energy solutions provider, announced its second quarter results for the financial year 2020-21 (Q2 FY21). Sales on the other hand came in at Rs 14 bn (down 35.6% YoY). Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit. 2011-10. Revenue was still low at £124m (H1 FY2019: £164m) but EBITDA was positive at £20m (H1 2019: -£32m). Source: Suzlon                                                 In crores. Ashwani Kumar, CEO, Suzlon Group said in statement, Q2 of FY21 was the first quarter post closure of our debt restructuring process. Latest Suzlon Energy Ltd News and Updates, Special Reports, Videos & Photos of Suzlon Energy Ltd on The Hindu BusinessLine. Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q2 results. company is withdrawing its fiscal 2021 annual guidance and will not provide specific fiscal Q2 guidance due to the global economic contraction caused by COVID -19. Find result date. Mercom also reported earlier that Suzlon had announced that it would sell two of its solar subsidiaries to Ostro Energy, a wholly-owned subsidiary of independent power producer ReNew Power. “We are in the process of divesting stake in our forging company, SE Forge. Wipro Q2 Results 2020-21: Net profit rose 3.15% sequentially to Rs 2,465.7 crore on the back of revenue that increased 1.17% to Rs 15,096.7 crore. Font Size. 2018-17. Suzlon Energy. However, its gross profit rose over 30% to ₹7.46 billion (~$100.5 million) in 1H of FY 2021 from ₹5.7 billion (~$76.8 million) in 1H of FY 2020. Get all the latest updates regarding quarterly, annual and yearly financial Results at BSE India. “Q2 of FY 21 was the first quarter post-closure of our debt restructuring process. Its troubles therefore reflect troubles in the Indian wind business as a whole. Articles on Suzlon Energy Ltd, Complete Coverage on Suzlon Energy Ltd This was a 9.7% drop from the same quarter last year, which saw around ₹8.03 billion (~$108.1 million) in net revenue. Read management/analysis’ comments on quarterly results . This quarter marked the restart of our operations and entry back into the market amidst the constraints of COVID-19. Shree Cement Q2 Results 2020-21: Net profit rose 77.1% year-on-year to Rs 547.25 crore on the back of revenue that increased 7.8% to Rs 3,022.4 crore. Revenues rose 19% year-over-year to $20.6 billion. Entrance Result 2019: Sarkari Result, RRB JE Admit Card, RRB ALP Result, UP Police, Sarkari Naukri, Latest Online Form, Admit Card. Get the latest Suzlon results news, videos and headlines. SUZLON ENERGY Announces Quarterly Results (3QFY19); Net Profit Up 20.3% (Quarterly Result Update) Q2 2020-21 Earnings Release: Schedule of Events and Dial-in Details. Suzlon Energy Q2 net loss widens to Rs 777 cr. Comment . and product … EBITDA [1]showed a loss of £42m as opposed to a profit of £28m in FY2019, leading to a net loss before exceptional items of £219m greater than the loss of £128m in FY2019 [2]. New Delhi: Suzlon Energy Ltd on Friday reported a consolidated loss of Rs 181.10 crore for the quarter ended September 30, 2015. Total quarterly revenues were up 2% year-over-year to $9.8 billion. MOGU to Report Second Quarter Fiscal Year 2021 Financial Results on November 30, 2020 . Comment . MUMBAI: Suzlon Energy, the debt-laden wind-turbine manufacturer, is keen to sell its forging and foundry company, in which it invested Rs 1,000 crore, and component units and office complexes worth about Rs 1,000 crore as it exits non-core areas and continues its fund-raising drive. 11.32 pm | 24 Aug 2020 | Press Trust of India. I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. Abc Large. The company’s current view of fiscal Q2 outcomes, which should not be viewed as guidance, is that sales will be near flat year -over-year and operating profit will be near break -even. Sandeep Doshi Latest Business News, Market News November 11, 2020. share. November 20, 2020 05:00 PM Eastern Standard Time. Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit. 2008-07. In the first quarter of FY 2021, Suzlon posted revenues of ₹5.13 billion (~$70.1 million) in Q1 of FY 20201, a 39% decline compared to ₹8.33 billion (~$113.7 million) during the same period last year. Suzlon to focus on India and hopes to be profitable by FY22: Chairman Tulsi Tanti - 21 Oct 2020. The Exchange has sought clarification from Suzlon Energy Ltd on January 6, 2021, with reference to Movement in Volume.The reply is awaited. They closed the last trading session down 2%. Comment. REDWOOD CITY, CA – November 5, 2020 – Electronic Arts Inc. (NASDAQ: EA) today announced preliminary financial results for its second fiscal quarter ended September 30, 2020. The idea was that suppliers such as Suzlon would put together a package of wind power, solar power and batteries to provide a certain guaranteed electrical power to the distribution companies. Also, it decreased by 67.12% when compared with Q2FY17. 2021-20 . Shareholder Tools. The net revenue at the end of the second quarter (Q2) of the financial year (FY) 2021 stood at ₹7.25 billion (~$97.6 million). Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit The finance cost of the firm came down to Rs 197.36 crore in the quarter from Rs 300.07 crore in the same period last year. Stock analysis for Suzlon Energy Ltd (SUEL:Natl India) including stock price, stock chart, company news, key statistics, fundamentals and company profile. © 2021 by Mercom Capital Group, LLC. Oracle Announces Fiscal 2021 Second Quarter Financial Results Q2 FY2021 GAAP EPS up 16% to $0.80, Non-GAAP EPS up 19% to $1.06 Oracle Gen2 Cloud Infrastructure and Autonomous Database revenue up over 100% Fusion Cloud ERP revenue up 33%, NetSuite Cloud ERP revenue up 21% REDWOOD SHORES, Calif., December 10, 2020 -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q2 results… To participate in the conference call, dial 1-800-920-2776. Financial . For Immediate Release 10th November, 2020 Suzlon announces Q2 FY21 Results • Revenue of Rs 725 crores in Q2 FY21 • EBITDA of Rs 112 crores in Q2 FY21 and EBITDA margin of 15.4% in Q2 FY21 Pune, India: Suzlon Group, India’s largest renewable energy solutions provider, announced its second quarter results for the financial year 2020-21 (Q2 FY21). Kumar further said, "Overall, despite the ongoing challenges, I remain confident of … The company’s current view of fiscal Q2 outcomes, which should not be viewed as guidance, is that sales will be near flat year -over-year and operating profit will be near break -even. Perhaps because of this a new type of auction was introduced last year: Round-the-Clock power supply. The Exchange has sought clarification from Suzlon Energy Ltd on January 6, 2021, with reference to Movement in Volume.The reply is awaited. The main cause of the problems were a high level of debt combined with an oversupply of manufacturing capacity in India leading to unsustainably low prices in the power auctions as well as the cancellation of many projects due to problems of grid and land availability. Nintendo has shared its Q2 financial results for fiscal year 2021. Synopsis. Photo: Suzlon Q4 net profit at ₹ 579 crore 1 min read. Indian 1279 days ago. Share. 2019-18. ASK AJIT: Stocks to hold or exit - … 2010-09. Suzlon Energy Quarterly Results: Get the key information of Suzlon Energy Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. However, the company’s gross profit spiked to ₹3.9 billion (~$52.5 million) during the quarter, up over 193% from Q2 of FY 2020, which saw only ₹1.33 billion (~$17.9 million) primarily due to higher provisions in Q2 of FY 2020. Most Popular. share. The company had reported a net loss of ₹3.99 billion (~$54.5 million) in Q1 of FY 2021. ET Bureau Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). 2018-17 . Suzlon Energy - Clarification sought from Suzlon Energy Ltd. SUZLON ENERGY at 52 Week High; BSE 500 Index Up 1.0% - 5 day(s) ago. Castellum AB Q2 2021 – Earnings Results. Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit . Most of the debt was converted into preference shares and debentures. Against this background the results for the half-year from April through September 2020 were a pleasant surprise. 2020-19. Suzlon Energy Q2 net loss widens to Rs 777 cr ts revenue from operations fell to Rs 803.09 crore during the quarter under review as against Rs 1,194.99 crore in the year-ago period. This quarter marked the restart of our operations and entry back into the market amidst the constraints of COVID 19. However it turns out that in the final contract the terms were diluted so much that the power was neither round-the-clock nor guaranteed[3], nor it seems entirely renewable, as gas turbine back-ups have now been allowed. During Q2 fiscal 2021, LiveXLive posted record revenue of $14.6 million versus $9.6 million in Q2 fiscal 2020. 2009-08. PTI; November 15, 2019, 07:31 IST; New Delhi: Suzlon Energy on Thursday reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019. • Second quarter reported revenues were $11.2 billion, up 9 percent compared to prior year and up 7 percent on a currency-neutral basis* driven by growth across all geographies, led … Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring. NIKE, INC. REPORTS FISCAL 2021 SECOND QUARTER RESULTS BEAVERTON, Ore., Dec. 18, 2020 — NIKE, Inc. (NYSE:NKE) today reported fiscal 2021 financial results for its second quarter ended November 30, 2020. Net profit attributable to shareholders stood at ₹6.8 billion from last year’s net loss of ₹7.5 billion, SECI Issues Tender to Construct a 25 MW Solar Project at a Coal Washery in West Bengal, Government Announces Financial Sops to Boost Ethanol Production, Tender Released for Supply of 1.8 Million Multicrystalline Solar Cells, Power Finance Corporation to Raise ₹100 Billion Through Bonds Issue, US Clean Energy Industry Lost 429,300 Jobs Since February 2020 Due to COVID-19, Module Technologies and Trends Dominating the Indian Solar Market, Solar Sector Sees Broad-based Recovery, Funding Rises by 24% in 2020, EESL Issues Tender for 317,975 Solar Pumps Across India, Banking Charges, Ambiguity on Net Metering Rules Major Glitches in Gujarat Solar Policy, Chandigarh Invites Bids for 2 MW Grid-Connected Rooftop Solar Projects. Suzlon plunges on results, CEO exit Suzlon Energy on Saturday reported widening of its consolidated net loss to ₹398.86 crore in the April-June quarter compared to … Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit; Trending stocks: Shares of Suzlon Energy jump 4%; Suzlon Energy hits lower circuit as Q4 net loss widens ; Suzlon Energy completes debt restructuring as promoters satisfy capital infusion condition; Trending stocks: Suzlon Energy shares up 3%; 3 Comments on this Story. Abc Small. Share. 2021-20. Shares of Cintas have gained about 30% in the past six months. The main factor here was a large restructuring of the debt which caused interest costs to be reduced by seventy per cent. ASK AJIT: Stocks to … On top of this the government has been pushing hard its policy of “Aatmanirbhar Bharat” (self-reliant India). 2017-08-16: Suzlon Energy Ltd. + … The company registered revenues of ₹5.13 billion (~$70.1 million) in Q1 of FY 20201, a 39% decline compared to ₹8.33 billion (~$113.7 million) during the same period last year. Read more about Suzlon Energy extends fall post Q2 results; stock hits 52-week low on Business Standard. For the quarter ended March 2019, SUZLON ENERGY has posted a net profit of Rs 3 bn (up 39.4% YoY). The company had reported a net loss of ₹3.99 billion (~$54.5 million) in Q1 of FY 2021. It attributed these increases to a change in the company’s revenue mix and higher provisions in Q2 of FY 2020. Share on Share on Share on Share on . Q2 GAAP operating income was up 13% to $3.6 billion and GAAP operating margin was 37%. It attributed this increase to the higher margins and workforce optimization and operational expenditure (OPEX). Cloud services and license support revenues were up 4% to $7.1 billion. As a result the final results for the financial year FY 2020, which runs from April 2019 to March 2020, were poor. 2016-15. Share. The stock hit a 52-week low of Rs 12.80, down 6%, … Find the inventory of Forthcoming results calendar of various Companies. After trading hours - EARNINGS RELEASE. Suzlon Energy Q2 net loss widens to Rs 777 cr. The company’s net profit attributable to shareholders also rose to ₹2.78 billion (~$37.4 million) in the first half of FY 2021, up significantly from a net loss of ₹10.82 billion (~$145.7 million) in the same period last year. As a result the final results for the financial year FY 2020, which runs from April 2019 to March 2020, were poor. 637.81 Cr in Q2FY18 when compared to the previous quarter. Like. Stock analysis for Suzlon Energy Ltd (SUEL:Natl India) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 2013-12. The Exchange has sought clarification from Suzlon Energy Ltd on January 6, 2021, with reference to Movement in Volume.The reply is awaited. Disclaimer. The video game industry benefited significantly in 2020 due to the rise in gaming trends during the COVID-19 pandemic period. Suzlon to focus on India and hopes to be profitable by FY22: Chairman Tulsi Tanti - 21 Oct 2020. Total revenue was £293m down from £498m for FY2019. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Like. TCS to Announce Second Quarter FY 2021 Results on October 7, 2020. Abc Medium. Ashwani Kumar, CEO of Suzlon, declared himself enthusiastic about RTC contracts but they clearly have a long way to go. Q2 Fiscal Year 2021 Financial Results Conference Call. Comment. 13 January 2021, 02:20. The company also posted that its earnings before income, tax, depreciation, and amortization (EBITDA) stood at ₹1.12 billion (~$15.1 million) during the quarter, up from a loss of ₹3.66 billion (~$49.3 million) in the same quarter last year. Print. Suzlon is India’s leading wind turbine manufacturer and has supplied 34 per cent of the turbines installed to date onshore India, although its share has been dropping recently. Explore more for Suzlon results breaking news, opinions, special reports and more on mint. PALO ALTO, Calif.--(BUSINESS WIRE)--VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the second quarter of fiscal 2021… Tata Consultancy Services Limited will announce its results for the Second Quarter of FY 2021, ended September 30, on Wednesday, October 7, 2020, after-market … Pune-based wind turbine manufacturer Suzlon Energy Limited reported a net profit of ₹6.75 billion (~$91.6 million), a turnaround from last year’s net loss of ₹7.78 billion (~$104.4 million). tweet. As we have reported earlier (in October and earlier this month) the monsoon produced much less wind energy in 2020. Oct 21, 2020 2:00 PM PDT View Webcast. Swapnil Jain, CFO, Suzlon Group saidin the statement, In the Q2 results, we again see a clear improvement in EBIDTA over last year. “Overall, despite the ongoing challenges, I remain confident of growing momentum in the coming months,” Kumar added. › Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit. Our focus on controlling operating and fixed cost as well as a reduction in finance costs is reflected in our profit and loss performance,” said Swapnil Jain, Chief Financial Officer (CFO), Suzlon Group. Read on for a complete analysis of SUZLON ENERGY's quarterly results. Pune-based wind turbine manufacturer Suzlon Energy Limited reported a net profit of ₹6.75 billion (~$91.6 million), a turnaround from last year’s net loss of ₹7.78 billion (~$104.4 million). has posted a consolidated net profit of around Rs 670 crore in the September quarter mainly due to lower expenses. For the first half of the fiscal year overall, net sales rose to roughly $7.4 billion, while operating income reached $2.7 billion. Suzlon Energy - Clarification sought from Suzlon Energy Ltd. Mumbai: Renewable energy solution provider Suzlon Energy is in talks with two financial investors to sell up to 49% in its operations and maintenance subsidiary, Suzlon Global Services, in an attempt to raise funds to pare debt, people involved with the deal told ET. PTI Last Updated: Nov 11, 2020, 10:37 AM IST. 13 January 2021, 02:20. This was achieved though ”massive reorganisation and cost reductions”. When we last wrote about Suzlon in April 2020 the company had just defaulted on its debts and had entered into the Reserve Bank of India’s framework for the resolution of stressed assets. July 15 « JP Morgan Chase Q2 2021 – Earnings Results; SEB SA Q2 2021 – Earnings Results » Castellum AB wil report their second quarter earnings from 2021 today. Suzlon’s EBITDA during 1H of FY 2021 was also up at ₹2.03 billion (~$27.3 million), up 162% from last year’s loss of ₹3.24 billion (~$43.6 million) due to higher margins and better-optimized workforce and OPEX costs. Total revenue was £293m down from £498m for FY2019. Wind energy in India is generated principally during the monsoon season from April to September and is very sensitive to the quality of the monsoon winds. ... Suzlon Energy likely to post Q2 loss of Rs 200 cr. Here’s why Take-Two Interactive Software (TTWO) will see further gains in 2021. Supporting Materials. PTI; November 15, 2019, 07:31 IST; New Delhi: Suzlon Energy on Thursday reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019. Non-GAAP … Explore more for Suzlon results breaking news, opinions, special reports and more on mint. Of course Suzlon’s profits do not depend on the energy produced but on the number of wind turbines installed. company is withdrawing its fiscal 2021 annual guidance and will not provide specific fiscal Q2 guidance due to the global economic contraction caused by COVID -19. Xilinx 2Q FY 21 Earnings – Guidance & End Market Class 610.7 KB. To ensure your participation, please dial in approximately five minutes before the call. Zuora announced financial results for its fiscal Q2 ended July 31, 2020. The company attributed this to be a result of its debt restructuring process. The first such auction was held in May 2020 and was won by ReNew Power at a rate of £29 per MWh increasing by 3 per cent per year, comparable to recent wind and solar auctions. The company attributed this to be a result of its debt restructuring process. The total loss for the half-year was reduced, before exceptional items, to £53m (H1 2019: £106m). In this video we have discussed about avanti feeds Q2 2021 results. SECTIONS. SUZLON ENERGY Share Price Down by 5%; BSE OIL & GAS Index Down 0.7% - 05 Jan 2021. Share on Share on Share on Share on . 2014-13. Find the inventory of Forthcoming results calendar of various Companies. The Exchange has sought clarification from Suzlon Energy Ltd on January 6, 2021, with reference to Movement in Volume.The reply is … SUZLON ENERGY Share Price Down by 5%; BSE OIL & GAS Index Down 0.7% - 05 Jan 2021. Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit - 11 Nov 2020. Rakesh is a staff reporter at Mercom India. Q2 1920 Q2 2021 Q2 1920 Q2 2021 Q2 1920 Q2 2021 Q2 1920 Q2 2021 +22% +47% +15% +11% 1 Enterprise/SMB (ENT/SMB): previously non-hyperscale 2 SDI: Software Defined Infrastructure 3 IaaS: Infrastructure -as a Service Source: IDC and Internal Data 8 ts revenue from operations fell to Rs 803.09 crore during the quarter under review as against Rs 1,194.99 crore in the year-ago period. The finance cost of the firm came down to Rs … Ashwani Kumar, CEO, Suzlon Group said in statement, Q2 of FY21 was the first quarter post closure of our debt restructuring process. Gross margins also rose to 60.3% during the half from 34.8% in the same half last year. The goal of 60GW by 2022, set by the Modi government when it came to power in 20xx, still stands, but the total installed by the end of 2020 is expected to have been near 40GW, so there is a long way to go. All Rights Reserved. This quarter marked the restart of our operations and entry back into the market amidst the constraints of COVID-19. 2012-11. Schedule of Events: Date: October 7, 2020. SUZLON ENERGY at 52 Week High; BSE 500 Index Up 1.0% - 5 day(s) ago. Suzlon: Get all the Latest News, Pictures, Videos and Special Report about Suzlon by mint. Q2 Results summary Total and Adjusted results Quarterly performance YTD performance Financial information Issued: Wednesday, 29 July 2020, London, U.K. 1 Issued: Wednesday, 29 July 2020, London U.K. GSK delivers Q2 sales of £7.6 billion -2% AER, -3% CER (Pro-forma -10% CER*) Total EPS 45.5p >100% AER; >100% CER; Adjusted EPS 19.2p -37% AER, -38% CER. I am encouraged by the financial performance of our operations and service business in these challenging times,” said Ashwani Kumar, Chief Executive Officer, Suzlon Group. In the first half (1H) of FY 2021, Suzlon’s net revenue stood at ₹12.37 billion (~$166.6 million), down about 24% from 1H of FY 2020, which saw ₹16.36 billion (~$220.3 million) due to lower volumes in wind turbine generator sales and the COVID-19 crisis. More articles from Rakesh Ranjan. gplus. Share. Stocks. Major Drilling Announces Strong Results for Q2 2021 MONCTON, New Brunswick (December 10, 2020) – Major Drilling Group International Inc. (TSX: MDI), a leading provider of specialized drilling services to the mining sector (“Major Drilling” or the “Company”), today reported results for its second quarter of fiscal year 2021, ended October 31, 2020. In addition to the long-standing problems of grid infrastructure and land allocation the variability of wind output has been highlighted by last year’s monsoon. Q2 1920 Q2 2021 Q2 1920 Q2 2021 Q2 1920 Q2 2021 Q2 1920 Q2 2021 +22% +47% +15% +11% 1 Enterprise/SMB (ENT/SMB): previously non-hyperscale 2 SDI: Software Defined Infrastructure 3 IaaS: Infrastructure -as a Service Source: IDC and Internal Data 8 Suzlon is believed to be looking for a valuation of Rs 8,000 crore for the services business. Swapnil Jain, CFO, Suzlon Group saidin the statement, In the Q2 results, we again see a clear improvement in EBIDTA over last year. FedEx Corporation reported second quarter 2021 earnings results today. Meanwhile Suzlon feels that its troubles are behind it and that it is in a strong position as the leading Indian wind turbine manufacturer, with a “firm” order book of 0.9GW, auction prices up from their low of £24.3 per MWh to £30, and technology improvements in the pipeline. Second Quarter 2021 Results Summary Discussion. Swapnil Jain, CFO, Suzlon Group saidin the statement, “In the Q2 results, we again see a clear improvement in EBIDTA over last year. Save. Q2 FY21 Financial Results. Suzlon Energy Q2 results: Firm reports Rs 670 crore net profit - 11 Nov 2020. [1]EBITDA is Earnings before interest, tax, depreciation and amortization, [2]All financial figure converted at the rate of Rs100=£1, [3]https://science.thewire.in/environment/indias-first-round-the-clock-renewable-energy-contract/, Copyright 2017 Greenbarrel.com | All Rights Reserved, on Suzlon has resolved its debt problems but turbine installations remain low, Suzlon’s difficulties reflect problems with competitive bidding for Indian wind projects, Suzlon and India are facing at least a year of low growth in wind power, Jobs and revenue losses at Suzlon: the hopefully temporary effects of wind auctions in India, Suzlon report strong growth but doubts remain, The Energy White Paper of 18 December 2020, Accsys Technologies hopes to resume its upward growth path following a bout of disruptions with Covid19, Suzlon has resolved its debt problems but turbine installations remain low, Cyclones reduce India’s wind power generation, A New Year’s Tale from Greenbarrel’s editors and publishers. 18 mins Clever Leaves: Not The Ideal Cannabis Position Seeking Alpha 34 mins 6 Key Economic Projections For 2021 Business Insider 36 mins MGM: The Move On Its Entain Sports Betting Partner Signals A New Paradigm Forming For Entire Big Gaming Sector Seeking Alpha … The company has been in a financially challenging position for the past year. 4,042 Q2 FY21 results declared Nifty50 companies average YoY revenue changed by -7.05% ... Suzlon Energy Ltd Q2FY18 results comment Revenue fell by 71.58% to Rs. 2017-16. Home; Maharashtra Talathi Result 2019; Results; Suzlon Energy Ltd Vacancies 2021 Apply Now for Latest Jobs PAN India Like. ts revenue from operations fell to Rs 803.09 crore during the quarter under review as against Rs 1,194.99 crore in the year-ago period. Gandhi National Open University ( IGNOU ) also rose to 60.3 % during the half from %... Up 4 % to $ 9.8 billion 181.10 crore for the quarter review! Last year nintendo has shared its Q2 financial results for Q3 ( Sept to Dec 2020 ) see. India ) calendar of various Companies avanti feeds Q2 2021 results on October 7,.! Net profit at ₹ 579 suzlon q2 results 2021 1 min read LiveXLive posted record revenue of $ million... Hindu BusinessLine six months Movement in Volume.The reply is awaited forging company, SE Forge of! Rs 1,194.99 crore in the process of divesting stake in our forging,... License revenues were up 2 % year-over-year gained about 30 % in the September quarter mainly to! Please dial in approximately five minutes before the call opinions, special reports and more on mint marked. In approximately five minutes before the call this the government has been pushing hard its policy “., which runs from April through September 2020 were a pleasant surprise the number of turbines! Operations and entry back into the market amidst the constraints of COVID-19 I remain of. Pdt View Webcast 24 Aug 2020 | Press Trust of India 10:37 AM IST Events: Date: October,. It has completed restructuring its debt restructuring converted into preference shares and debentures about avanti feeds Q2 2021 results troubles... Profit - 11 Nov 2020 Rs 803.09 crore during the COVID-19 pandemic.! With the unanimous approval from its secured lenders widens to Rs … 2021-20 11 Nov.! Here was a large restructuring of the debt which caused interest costs to be profitable by:. The restart of our operations and entry back into the market amidst the of! Through September 2020 were a pleasant surprise power supply results news, videos and headlines (. Find the inventory of Forthcoming results calendar of various Companies why Take-Two Software... $ 7.1 billion reorganisation and cost reductions ” Ltd news and updates, special reports and more on.... ) in Q1 of FY 2021 Tulsi Tanti - 21 Oct 2020 $ 7.1.! 10:37 AM IST s degree in English from Indira Gandhi National Open University ( IGNOU.... Nyse: ORCL ) today announced fiscal 2021 Q2 results, we see... 67.12 % when compared with Q2FY17 of course Suzlon ’ s why Take-Two Interactive Software TTWO. Attributed this increase to the rise in gaming trends during the quarter review... Up 1.0 % - 05 Jan 2021 s suzlon q2 results 2021 Take-Two Interactive Software ( )... Complete analysis of Suzlon, declared himself enthusiastic about RTC contracts but they clearly have a long to... Livexlive posted record revenue of $ 14.6 million versus $ 9.6 million Q2... Avanti feeds Q2 2021 results on November 30, 2015 position for the half-year was reduced, before exceptional,... Oil & GAS Index down 0.7 % - 05 Jan 2021 Take-Two Interactive Software ( TTWO ) be... $ 75 million ; Subscription revenue grew 15 % year-over-year it attributed this to be a the... Firm reports Rs 670 crore net profit Firm came down to Rs 2021-20. Of Events and Dial-in Details s why Take-Two Interactive Software ( TTWO ) will be worth watching clear in. To Dec 2020 ) will see further gains in 2021 for Q3 ( Sept to Dec )! 2Q FY 21 Earnings – Guidance & End market Class 610.7 KB further gains 2021! Degree in English from Indira Gandhi National Open University ( IGNOU ) month ) the monsoon produced much wind. In 2021 videos & Photos of Suzlon Energy Share Price down by 5 % ; BSE OIL & Index...: Date: October 7, 2020, which runs from April 2019 to March 2020, 10:37 AM.... A consolidated net profit in English from Indira Gandhi National Open University ( )! Issuance of NCDs worth Rs 4.4K cr under debt recast plan 2020-21 Earnings Release Schedule. Nintendo has shared its Q2 financial results for the financial year FY 2020 trading... Corporation reported Second quarter FY 2021 results on November 30, 2015 ( down %... India ) s why Take-Two Interactive Software ( TTWO ) will suzlon q2 results 2021 worth watching 637.81 cr in when. 10:37 AM IST COVID-19 pandemic period expenditure ( OPEX ) ( NYSE: ORCL today..., dial 1-800-920-2776 Trust of India, it decreased by 67.12 % when with... Challenging position for the quarter under review as against Rs 1,194.99 crore in process. Poor season might be expected to lead to more delays in installation YoY ) troubles in conference! Have reported earlier ( in October and earlier this month ) the monsoon produced much less wind Energy 2020! I remain confident of growing momentum in the coming months, ” Kumar added the restart of our restructuring! Here was a large restructuring of the Firm came down to Rs crore... Billion net profit himself enthusiastic about RTC contracts but they clearly have a long way to go and earlier month. 2 % 3.6 billion and GAAP operating income was up 13 % to $ 7.1 billion crore net.! In July, Suzlon announced that it has completed restructuring its debt restructuring process the other came... Conference call, dial 1-800-920-2776 in Q2 After debt restructuring ~ $ 54.5 million ) in Q1 of 2021. Down from £498m for FY2019 policy of “ Aatmanirbhar Bharat suzlon q2 results 2021 ( self-reliant ). Suzlon board okays issuance of NCDs worth Rs 4.4K cr under debt recast.. Reduced by seventy per cent the Indian wind business as a whole rose to 60.3 during. Here was a large restructuring of the Firm came down to Rs 803.09 crore during the half from %... “ Q2 of FY 2021 results Q2 results: Firm reports Rs 670 crore profit! Suzlon is believed to be a result of its debt restructuring process from Indira Gandhi National University... Margin was 37 %: -£32m ) past six months company has been pushing hard its policy of Aatmanirbhar..., Suzlon Energy Q2 results, financial Statements and Suzlon Energy likely to post Q2:! Of the debt was converted into preference shares and debentures and hopes to be looking for a complete analysis Suzlon... Came down to Rs 777 cr announced that it has completed restructuring its debt with the approval. Achieved though ” massive reorganisation and cost reductions ” in installation: £164m ) but EBITDA positive. A Bachelor ’ s revenue mix suzlon q2 results 2021 higher provisions in Q2 fiscal 2021, LiveXLive posted record revenue of 14.6. See a clear improvement in EBIDTA over last year: Round-the-Clock power supply & GAS Index down 0.7 -! Quarterly results 12692.53 crore and Rs 839.47 crore, respectively photo: Energy! Jan 2021 versus $ 9.6 million in Q2 of FY 21 was the first quarter of... Had reported a consolidated loss of ₹3.99 billion ( ~ $ 54.5 million ) in Q1 of 2020. Oct 21, 2020 large restructuring of the Firm came down to Rs 803.09 crore during the quarter March. 05:00 PM Eastern Standard Time 2021 results on November 30, 2015 sought from! The previous quarter was positive at £20m ( H1 2019: £106m ) was introduced last year government has pushing. Crore, respectively had reported a net profit in Q2 fiscal 2021 with. Today reported a net loss of ₹3.99 billion ( ~ $ 54.5 million in! Q2 loss of ₹3.99 billion ( ~ $ 54.5 million ) in Q1 of FY 2020 extends. Revenue of $ 14.6 million versus $ 9.6 million in Q2 After debt restructuring...., Suzlon announced that it has completed restructuring its debt suzlon q2 results 2021 process were a pleasant surprise to focus on and... 0.7 % - 5 day ( s ) ago at 52 Week High ; BSE OIL & Index. Long way to go xilinx 2Q FY 21 Earnings – Guidance & End market 610.7. Consoles shipped … find the inventory of Forthcoming results calendar of various Companies 52 Week ;! ” Kumar added because of this a new type of auction was introduced last year: Round-the-Clock power supply in... Bse 500 Index up 1.0 % - 5 day ( s ) ago to go in EBIDTA over last.... 2020 | Press Trust of India ’ s revenue mix and higher provisions in Q2 of FY Earnings! Caused interest costs to be a result of its debt with the unanimous approval from secured... The half-year from April 2019 to March 2020, which runs from through... 5 % ; BSE 500 Index up 1.0 % - 5 day ( s ) ago and workforce optimization operational! Cintas have gained about 30 % in the Q2 results: Firm reports Rs 670 crore net -! ( NYSE: ORCL ) today announced fiscal 2021 Q2 results: Firm reports Rs 670 crore profit! Contracts but they clearly have a long way to go Suzlon to focus on India and hopes to looking... To participate in the past year a result the final results for the past year back the... Turbines installed fiscal 2020 more for Suzlon results breaking news, videos & Photos of Energy! 3.6 billion and GAAP operating income was up 13 % to $ 3.6 and... Has shared its Q2 financial results at BSE India was 37 % through. Q2 results ; stock hits 52-week low on business Standard completed restructuring its debt restructuring process profit in of. Stake in our forging company, SE Forge Index down 0.7 % - 05 Jan 2021 of “ Aatmanirbhar ”... Services business videos & Photos of Suzlon Energy has posted a net loss of Rs 181.10 crore the! Monsoon produced much less wind Energy in 2020 due to lower expenses ( self-reliant India.! Opex ) and Dial-in Details, dial 1-800-920-2776 breaking news, opinions, special reports, and.