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Surana Solar reports revenue and profit drop

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Indian solar company Surana Solar Ltd., which was previously known as Surana Ventures Ltd., has reported a decrease in revenue and profits for the quarter ended on September 30, 2015. The company achieved a turnover of 23.68 crore INR ($3.56 million) in the quarter, down from 32.951crore INR in the same period of 2014. The net profit also decreased from 2.18 crore INR in the quarter ended on September 30, 2014, to 0.40crore INR in the latest quarter. Surana manufactures PV modules and provides EPC services for solar projects in India. According to India’s Ministry of New and Renewable Energy (MNRE), Surana Solar has a PV module production capacity of 130 MW.

For More Information Pls.GO Through Attached PDF…..SURANAPOWER

Anand Gupta Editor - EQ Int'l Media Network

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