The company's consolidated net loss, including subsidiaries Hansen Transmission and REpower, stood at 589.7 million rupees ($12 million), compared with a profit of1.52 billion rupees a year ago.
"The long-term fundamentals of the wind industry remains strong. We see an upswing in the industry's growth from 2010. We expect the new US administration to provide a strong boost for renewables," Chairman Tulsi Tanti said in a statement.
The company's order book, excluding Hansen and REpower, stands at 103.9 billion rupees as on date, the company said in a separate statement to the stock exchange.
OneIndia News (With inputs from Agencies)