Inox Wind Q2 Results: Inox Wind Limited released its July-September quarter results of the current financial year on Friday, November 14. The company said this is its strongest ever performance in any September quarter. The company recorded excellent growth in this quarter on all three fronts – revenue, profits and project execution.
Inox Wind said its consolidated revenue increased by 56% to Rs 1,162 crore in the September quarter. Operating profit (EBITDA) also jumped by 48% to ₹271 crore. Profit before tax (PBT) increased by 93% to ₹169 crore, while profit after tax (PAT) increased by 43% to ₹121 crore.
The company said this figure also included a deferred tax charge of ₹49 crore. The company reported 66% year-on-year growth in cash profit at ₹220 crore.
Big improvement in execution too
During the September quarter, the company successfully executed 202 MW of wind power capacity, which is much higher than 140 MW in the same quarter last year. IWL said its orderbook stands at over 3.2 GW, giving it strong business visibility for the next 18-24 months. So far in FY26, the company has won new orders worth about 400 MW.
Rapid expansion of manufacturing capacity
The company’s new nacelle and hub manufacturing plant at Kalyangarh, Ahmedabad is rapidly increasing its capacity. The transformer unit located in Rajasthan is running at high utilization rate. Meanwhile, the company’s first blade and tower manufacturing plant in Karnataka is expected to become operational in 2026 — making it IWL’s first major manufacturing facility in South India.
O&M business also booming
Inox Green, the O&M subsidiary of Inox Wind, is now handling a wind operations and maintenance portfolio of approximately 12.5 GW. The company continues to invest in multi-gigawatt assets. Additionally, the demerger of Inox Green’s substation business and its merger into Inox Renewable Solutions has also received approval from shareholders and creditors.
status of shares
The company’s shares closed with a slight gain of 0.3% on Friday. However, the stock has declined by more than 19% so far in 2025.
Disclaimer: The views and investment advice given by experts/brokerage firms on Moneycontrol are their own and not those of the website and its management. Moneycontrol advises users to consult certified experts before taking any investment decision.