New Delhi, Nov 11: Shares of Suzlon Energy on Wednesday jumped 5 per cent after the company posted a consolidated net profit of around Rs 670 crore in September quarter.
The stock gained 4.93 per cent to Rs 3.19 on the BSE.
On the NSE, it rose by 5 per cent to Rs 3.15.
Suzlon Energy has posted a consolidated net profit of around Rs 670 crore in the September quarter mainly due to lower expenses.
The company had recorded a consolidated net loss of over Rs 777 crore in the quarter ended on September 30, 2019, showed a BSE filing at midnight on Tuesday.
Total income of the company dipped to Rs 736.70 crore in the quarter from Rs 817.45 crore in the same period a year ago.
Total expenses of the firm came down to Rs 886.43 crore in the quarter from Rs 1,551.16 crore in the same period last year. (PTI)
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