Wind power major Suzlon Energy has declared its fourth quarter financial results for the fiscal year 2009-10 and the reports have not been so impressive. The company has posted a consolidated loss of Rs 188.47 crore for the quarter that ended in 31st March, 2010.

The net profit of the firm was reported to be Rs 314.89 crore for the fourth quarter last year. So far as the total income of the firm is concerned, it has fallen down to Rs 6,174.58 crore during the January-March period of fiscal year
2009-10. It stood at Rs 9,321.23 crore for the same quarter last year.

This has been informed by the firm in a filing at the Bombay Stock Exchange. The annual consolidated loss of the company was reported to be of Rs 982.56 crore for the year under review from a net profit of Rs 236.48 crore last year. The board has decided to come up with right issue in this fiscal year. The standalone net loss of the company is Rs 783.57 crore for the March quarter.