Suzlon Group posts strong Q4 profit of Rs. 432 crore (US$ 96 mn)

                                

Suzlon Group posts strong Q4 profit of Rs. 432 crore (US$ 96 mn)

·         Revenues of Rs. 7,276 crore (US$ 1,622 mn), Q4 YoY growth of 20%

·         EBITDA Rs. 1,024 crore (US$ 228 mn), Q4 YoY growth of 91%

·         EBIT Rs. 773 crore (US$ 172 mn), Q4 YoY growth of 98%

·         Robust orderbook of ~Rs. 30,100 cr (~US$ 6.7 bn), YoY growth of 60%

·         Consistent turbine availability (uptime), exceeding 97 per cent for its global operating turbine fleet of over 17,000 MW in 32 countries

·         Record annual order intake of ~4,000 MW

·         FY12 Guidance: Revenue Rs. 24,000 cr. to 26,000 cr. (US$ 5.3 bn to 5.8 bn); EBIT 7% – 8%

Mumbai: Suzlon Energy Limited, the world’s fifth largest* wind turbine supplier, reported its earnings today, for the quarter ended March 31, 2011.

Mr. Tulsi R. Tanti, founder, Chairman and Managing Director – Suzlon Group, said: “The past year has seen consistent improvement in our Group performance, and we are very pleased to report a profitable fourth quarter. Our focus on emerging and key developed markets, along with offshore, is paying dividends with a robust orderbook and a strong pipeline of projects under discussion. The India market, in particular, has delivered tremendous growth. We have made substantial  progress on many strategic initiatives, including successfully launching the S9X and 3XM turbines suites, and initiating the ‘squeeze-out’ of REpower’s minority shareholders – both of which will play an important role in further strengthening our position.

“Looking at the bigger picture, events over the past year have reinforced the need for a balanced, safe energy portfolio to secure and de-risk our energy future, and to mitigate the threat of climate change. The case for wind is stronger than ever, and I remain very optimistic about the future of our company and the industry.”

Mr. Robin Banerjee, Chief Financial Officer – Suzlon Energy Limited, said: “We are very pleased to report a profitable Q4. Key initiatives focused on lowering operating costs, rationalizing inventories and improving overall operating efficiency have delivered positive results. Along with lowering our cost base, we have brought down our net debt-to-equity ratio to 1.36, and maintained a tight focus on cashflow and driving orders. This has resulted in strengthening our competitive positioning and making the Group more flexible and agile.”

Key Updates

• Market Outlook: In the short-term we anticipate growth in our key markets and offshore.  The medium-to-long-term scenario remains positive with price volatility in fossil fuels, energy security and climate change concerns, and strong growth in emerging markets and offshore.

• Orders: The Suzlon Group orderbook stood at 4,639 MW (~Rs. 30,100 cr, ~US$ 6.7 bn) in value as on 13^th May, 2011. The Group, over the year, secured the highest order intake of 4,000 MW. Some of the firm orders included:

o    Brazil: Secured 218 MW order in Brazil from the Martifer Group, reinforcing Suzlon’s presence in this growth market.

o    Canada: REpower and Saint-Laurent Énergies Inc. (co-owned by EDF EN), concluded a contract for the delivery of 300 MW of capacity for the Lac Alfred wind farm project, making it the largest onshore project to date for the Company. REpower has also signed a contract to deliver 80 MW to the Saint-Robert-Bellarmin project, which marks the second call from a framework agreement that REpower signed with EDF Energies Nouvelles Canada Inc. in November 2009. Another contract for 30 MW has been signed with Wind Works Power Corp.

o    Germany: REpower has signed a 74.8 MW contract with German wind farm project developer Denker & Wulf AG, for a new project in Mecklenburg-Western Pomerania, Germany. Further, REpower has also signed a 720 MW frame agreement with German wind developer Juwi.

o    India: Suzlon has secured some of the biggest orders in India. Several new orders, from companies such as Altrade, Serum and HPCL, and repeat ones from Malpani, Baidyanath and GSFC. The Company has also signed an order for 150 MW with Hindustan Zinc, a Vedanta Group company. Independent power producers are emerging as a strong sector in this fast growing market – Suzlon won a 202 MW order from the Techno Electric Group, and a 1,000 MW order from Caparo Energy – the largest in India to-date.

o    UK: REpower and UK-based wind energy company Energiekontor UK Construction signed two contracts for a total of 43 MW.

o    US: REpower concluded a contract for the delivery of 51 MW for EverPower Wind Holdings, Inc. for development projects located across the states of New York, Ohio, Pennsylvania and Washington.

o    Offshore: REpower signed a 295 MW contract with C-Power for Thornton Bank offshore wind farm in Belgium. This contract – as measured by investment volume – represents the biggest ever project financing in the offshore wind industry. REpower supplied 30 units of the 5M turbine, totaling 150 MW in capacity, to the Ormonde offshore windfarm project in the UK. In addition, REpower has supplied over 70 MW to the Beatrice windfarm in the UK, Thorton Bank in Belgium, and Alpha Ventus in Germany, totaling over 220 MW of offshore capacity supplied till date.

• Initiated REpower ‘squeeze-out’: Suzlon crossed 95 per cent share holding in REpower and initiated the ‘squeeze-out’ process of minority shareholders in order to move towards full ownership of the company.

• Financials: Suzlon successfully completed the issuance of Foreign Currency Convertible Bonds, raising US$ 175 mn, and also completed a Rights Issue of Rs. 1,188 cr.

• Technology

o    Suzlon brought to market its new S9X suite of turbines. The suite is an evolution of Suzlon’s proven technology platform, and is built around a core of Doubly Fed Induction Generator-based technology. Serial production of the S95 turbine is scheduled to begin in Q2 FY12, followed by the S97 in Q4 FY12.

o    REpower launched a new variant in its 3XM series – the 3.2M114 with a 114 meter rotor diameter, a hub height of 143 meters and a concrete-steel hybrid tower designed to exploit the potential in low-wind locations. The company also launched the MM100 – 1.8 MW turbine developed specially for the North American market.

o    The Group opened four R&D and technology centers in Germany, India and China.

• Awards

o    Suzlon won the Gigaton Award at the COP16 global summit in Mexico, for global leadership in emissions control and sustainability practices.

o    Tulsi R. Tanti was named the ‘Wind Visionary of Asia’ by the Asian Development Bank.

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For any further information please contact:

Atul Malikram

9827092823

Godrej Expert – India’s largest selling hair color – in a brighter avataar

mission:happy

happy is sunshine and the smile of your child.

happy is a dhoni six.

happy is smiling at yourself in the mirror.

happy is a head full of shiny bouncy colourful hair.

Godrej Expert’s mission is to make more hair happy and increase the happiness in the world. Because happy hair means happy people.

Godrej Expert – India’s largest selling hair color –

in a brighter avataar

Mumbai: India’s No. 1 brand in the hair colourants category Godrej Expert, announces the re-launch of its brand, with a dazzling mission to make its 4 crore consumer base happier and invites more people to colour their hair.

The New Godrej Expert range is now available in three Colour+Benefits variants – Original, Care and Advanced.

Godrej believes after considerable research that consumers are evolving and need more than just a hair colour. Godrej through this re-launch delivers the most sought after benefits; long lasting colour, range of shades and the promise of soft and strong and happy hair!

Godrej Expert Original trusted by over 4 crore consumers is now available in a new pack. With the time-tested Colour Lock Formula, it is available in Natural Black shade and is priced at Rs.12 per sachet.

Godrej Expert Care is a herbal-based formulation with heena and amla. It cares for hair and keeps them strong while colouring them. At Rs.15 per sachet, the Godrej Expert Care range is available in three shades – Gentle Black, Natural Brown and Burgundy.

Godrej Expert Advanced for the 1^st time ever, brings a Pro-Gel formula with a gel like consistency which does not drip and is easy to spread. It also packs in triple conditioners, which make hair soft and beautiful while adding an attractive coat of colour. Priced at Rs.15 per sachet, the Godrej Expert Advanced range is available in three shades - Gentle Black, Natural Brown and Burgundy.

Nisaba Godrej, President, Human Capital & Innovation, Godrej Industries, says, “While we enjoy being India’s leading hair colour brand and the pioneers in the hair colour category, we don’t rest easily on our past glory. We’re constantly reflecting on how we can use technology and research to ensure that we evolve our brands with the ever changing need of our consumers. Providing differentiated solutions along with happiness is our endeavour”.

Speaking about the re-launch, A. Mahendran, MD of GCPL says, “The re-launch of Godrej Expert is a breakthrough innovation that will fuel the growth of this category. Moving from a shade-based varianting strategy to benefit-based approach has brought about the genesis of the Godrej Expert range available in Original, Care & Advanced variants. This launch will be promoted through the ‘Happy Hair, Happy You’ nationwide communication campaign.”

With the new range of products that do much more than hair colouring, the brand’s mission is to making hair happy. Happy hair means happy people! Godrej Expert is the market leader in its category and enjoys very high brand equity amongst its 4 crore consumers, making it the highest distributed brand in the category. After all, it is one of the fastest selling hair colour brand with sales of 8 sachets per second!

About Godrej Consumer Products Limited

Godrej Consumer Products (GCPL) is a leader among India's Fast Moving Consumer Goods (FMCG) companies, with leading Household and Personal Care Products. Our brands, which include Good knight, Cinthol, Godrej No. 1, Expert, Hit, Jet, Fairglow, Ezee, Protekt and Snuggy, among others, are household names across the country. We are one of the largest marketers of toilet soaps in the country and are also leaders in hair colours and household insecticides. Our ‘Good knight’ brand has been placed at an overall rank 12 and continues to be the most trusted household care brand in the country in Brand Equity’s Most Trusted Brands Survey 2010. We are driven by our mission to continuously enhance the quality of life of consumers in high-growth markets with superior-quality and affordable home care, personal care and hygiene products. We also have a strong emerging presence in markets outside India. The acquisition of Rapidol and Kinky in South Africa have given GCPL leading positions in the fast growing South African ethnic hair care market. As part of increasing its global footprint, GCPL recently acquired Megasari Group, a leading household care company in Indonesia and Issue Group and Argencos, two leading hair colorant companies in Argentina.

Media Contact:

Atul Malikram

9827092823

Jackie Chan and Bruce Lee Special on BIG MAGIC’s ‘Movie Magic’

 

Jackie Chan and Bruce Lee Special on BIG MAGIC’s ‘Movie Magic’

~ Brings Hindi dubbed Hollywood Action Blockbuster Films to the Hindi Heartland ~

BIG MAGIC India’s first channel exclusively for the Hindustan, the core Hindi heartland from the Reliance Broadcast Network stable, featuring locally relevant entertainment around Humor, Music & Bollywood Entertainment will now also offer its audience some adrenaline rush through its Friday 10 pm property ‘Movie Magic’. Movie Magic will feature a series on Jackie Chan and Bruce Lee with some of the choicest and best films. Through this property, the channel will live up to its promise of offering this set of audiences, high octane entertainment through Hindi dubbed Hollywood action blockbuster films. 

Movie Magic premiers on May 20^th, with the film Dragons Forever, a comedy classic which saw the three martial arts super stars Jackie Chan, Sammo hung and Yuen Biao come together. A fishery is seeking court action against a local chemical factory for polluting the water. The mysterious chemical company hires lawyer Jackie Lung (Jackie Chan) to find information that will discredit the fishery. He employs his arms dealer friend, Wong (Sammo Hung) to woo the fishery owner to try and convince her to settle out of court. Lung also brings in crackpot inventor and professional criminal, Tung (Yuen Biao), to bug her apartment. Unfortunately, Wong and Tung are unaware of each others' roles and soon come into confrontation, whilst Lung tries to maintain peace. The three men inadvertently discover that the chemical company is just a facade for a narcotics empire, ran by Hua Hsien-Wu (Yuen Wah).

Speaking about this initiative, Sunil Kumaran, Business Head, BIG MAGIC said “Our research and consumer insight understanding has led us to create this slot for Hindi dubbed Hollywood action blockbuster films. We are confident that there is a huge market for this entertainment and with this initiative are taking international content closer to the heartland.   We already have an excellent programming mix of humor, music and Bollywood, which have already ensured the Channel is a hit. This new addition will only further strengthen our offering to audiences.”

For more information, log on to: www.reliancebroadcast.com

For any further information please contact:
Atul Malikram
09827092823

www.atulmalikram.in 

Autism-a developmental disorder

Autism-a developmental disorder

Most of the people must have come across such children, who apparently look normal, but their activities are found different from normal children. If we find a boy, who likes to live all alone, does not talk to his family members, not even looks at them, repeats any physical activity frequently then we may doubt about his wellness. This may be autism, a severely incapacitating life long, developmental disorder that typically occurs in first three years of life. It causes impairment or disturbance in three main areas, social skills, communication skills and in their repetitive and restricted behaviors. 

A child with autism might:

• Have severe language deficits of differences.
• Not look at objects when another person points at them.
• Have trouble relating to others or not have an interest in other people at all.
• Avoid eye contact and want to be alone.
• Appear to be unaware when other people talk to them but respond to other sounds.
• Repeat or echo words or phrases said to them.
• Have trouble expressing their needs using typical words or motions.
• Laugh, cry or show distress for no apparent reason.

A child affected by autism, needs utmost care, particularly by his parents. Unfortunately, no medicine or treatment has been devised so for perfect treatment of an austic. The only consistently effective treatment for autism is a structured training programme, therefore a combination of a good school and parents training is the best known treatment.

Autism affected children are found worldwide. According to USA survey, one out of 500 children in India is an autistic. Looking to the gravity, USA has declared 2^nd April as, ‘World Autism Awareness day.

Being responsible, a social group has understood the grief of autistics & their parents and decided to help them in association with national & international organizations, working on this disorder. We appeal all to come with us to help the autism affected so that they can also live better life.

For more details please contact:

Atul Malikram

9827092823

 http://atulmalikram.in/

http://pr24x7.wordpress.com/2011/05/16/autism-a-developmental-disorder/

A Visit with Anurag Kashyap

A Visit with Anurag Kashyap

Anutag Kashyap is a well known figure of Hindi film Industry. He has made a good number of films. He is a director, story writer, screen play writer and an actor also. Gulaal, Dev-D, No Smoking & Black Friday are some of his films, where in, he has shown his talent.

His new film “Shaitaan” is going to be released all over India on 10 th June, 2011. When we visited him to know about his new film, he reacted as under:

Please tell us about your new film “Shaitaan”?

It is a thriller. The story of film revolves around five young who reside in urbanscape of Mumbai. The boys are intelligent, good looking & cool. Incidentally they come across incidences due to which the entire things are changed & they witness their insight “Shaitaan”. Rest of the things will be known to your after viewing the film.

 

Whether you have made the film, independently?

No. I am associated with Viacom 18 motion pictures for this film, the co-producer of this project.

Why you have chosen 18 motion pictures only?

I am impressed by the approach of 18 motion pictures, focusing on quality, and partner with right people & market. I remain in search of partners with same thoughts, and I found Viacom 18. I am confident that our association will give better results.

Please tell us about stars & director of film?

The film has famous star cast, including Kalki Koachlin, Kirti Kulhari, Gulshan Deviah, Shiv Pandit & Rajeev Khandelwal, Supporting cast comprises of Pawan Malhotra, Rajit Kapoor, Nikhil Chinnappa. Bejoy Nambir is director of film.

Whether you had recommended the name of Kalka for the movie?

No. I have full faith in Bejon, who is capable of taking decision. He himself had selected Kalka for her role. Moreover she is a brilliant actor & she herself takes decision to accept or refuse a film.

What about Rajeev Khandelwal?

He is a talented actor. Actually we were surprised to see some of his shots. I look ahead for his bright future.

Why you have selected Bejon for the film?

Bejon is known to me for couple of years. We belong to same school of film production, and understand each other well. I have full faith in him that is why I picked him to direct his first film.

The discussion ended in cheerful mood and we have wished him for the incoming film.

Media Contact:

Atul Malikram

9827092823