Indowind Energy Reports Increased Net Loss Amidst Revenue Decline

Indowind Energy on Tuesday said its consolidated net loss widened to Rs 7.50 crore in the March quarter, impacted by lower revenues.

It had reported a net loss of Rs 4.33 crore in the year-ago period, the company said in an exchange filing.

During January-March, the company's total revenue fell to Rs 5.26 crore from Rs 6.62 crore in the fourth quarter of the preceding financial year.

(With inputs from agencies.)