Suzlon Energy Limited announced unaudited standalone and consolidated earnings results for the third quarter and first nine months ended December 31, 2015. For the quarter, on consolidated basis, the company announced income from operations of INR 18,892.9 million compared to INR 49,542.4 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 1,419.9 million compared to INR 288.4 million a year ago. Loss from ordinary activities before tax was INR 1,135.3 million compared to INR 64,010.5 million a year ago. Net loss was INR 1,137.6 million or INR 0.23 per basic and diluted share compared to INR 65,335.7 million or INR 20.93 per basic and diluted share a year ago. The loss is largely because of forex impact which is a notional loss. The company's net debt stood at INR 87,510 million as on December 31, 2015. EBITDA was INR 2,410 million and EBIT was INR 1,420 million. Normalized EBIT was INR 2,370 million.

For the first nine months, on consolidated basis, the company announced income from operations of INR 62,635.2 million compared to INR 149,228.5 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 60,247.4 million compared to INR 151,587.9 million a year ago. Profit from ordinary activities before tax was INR 7,396.5 million compared to loss from ordinary activities before tax of INR 77,096.0 million a year ago. Net profit was INR 7,540.5 million or INR 1.41 per diluted share compared to net profit of INR 79,184.7 million or INR 27.71 per basic and diluted share a year ago.

For the quarter, on standalone basis, the company announced income from operations of INR 13,270.1 million compared to INR 2,864.6 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 1,778.4 million compared to loss from operations before other income, finance costs and exceptional items of INR 1,349.4 million a year ago. Profit from ordinary activities before tax was INR 1,101.0 million compared to loss from ordinary activities before tax of INR 49,595.9 million a year ago. Net profit was INR 1,101.0 million or INR 0.22 per basic and diluted share compared to net loss of INR 49,595.9 million or INR 15.87 per basic and diluted share a year ago.

For the first nine months, on standalone basis, the company announced income from operations of INR 35,976.4 million compared to INR 18,547.2 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 3,466.5 million compared to loss from operations before other income, finance costs and exceptional items of INR 2,840.0 million a year ago. Profit from ordinary activities before tax was INR 1,291.9 million compared to loss from ordinary activities before tax of INR 59,211.0 million a year ago. Net profit was INR 1,291.9 million or INR 0.27 per basic and diluted share compared to net loss of INR 59,511.0 million or INR 20.65 per basic and diluted share a year ago.