Stock Ideas – Suzlon Energy

Suzlon Energy is a fully integrated international wind power company and ranks as the world’s sixth leading supplier of wind turbines. For the quarter ended Dec 31, 2007 , consolidated sales increased 66% to Rs 3,169.76 crore. PAT before minority interest was lower by 17% at Rs 142.84 crore. Taxation zoomed 844% to Rs 87.32 crore. Net profit stood at Rs 151.69 crore, down 13%. The company’s order book stood at Rs 17,107 crore with domestic orders at Rs 2,404 crore and international orders amounting to Rs 14,703 crore. In terms of volumes, domestic orders amounted to 441 MW and international order to 2,916 MW aggregating to a total of 3,357 MW. The per MW realisation for domestic order registered a growth of 2.99% to Rs 5.45 crore and that for international orders by 5.61% to Rs 5.04 crore.