Inox Wind Ltd Share Price – NSE /  BSE

Capital Goods - Electrical Equipment, Small Cap

Net profit of Inox Wind rose 301.53% to Rs 186.87 crore in the quarter ended March 2025 as against Rs 46.54 crore during the previous quarter ended March 2024. Sales rose 141.57% to Rs 1274.82 crore in the quarter ended March 2025 as against Rs 527.73 crore during the previous quarter ended March 2024.

For the full year,net profit reported to Rs 448.22 crore in the year ended March 2025 as against net loss of Rs 35.65 crore during the previous year ended March 2024. Sales rose 103.70% to Rs 3557.15 crore in the year ended March 2025 as against Rs 1746.30 crore during the previous year ended March 2024.

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Inox Wind will hold a meeting of the Board of Directors of the Company on 30 May 2025.

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The company said that it has received all the advances related to these projects, and commissioning is expected in phases from FY26 onwards. This order from Purvah Green, a subsidiary of CESC, is the single largest wind order awarded by an IPP in India to any wind OEM, it added.

Kailash Tarachandani, Group CEO, Inox Wind, said, We are pleased to announce that we are now executing the entire 990 MW turnkey project for Purvah across multiple locations. We will commence the commissioning of the project in a phased manner starting in FY26. This is a milestone order for Inox Wind from an esteemed customer, and we are confident of deepening our relationship further.?

Sandeep Kashyap, CEO of Renewables Business at RPSG Group, said, ?We are pleased with the progress that we have achieved on this project. Our partnership with Inox Wind will be a strong catalyst in our quest to achieve multi-fold growth in our renewable portfolio over the next few years. This is an important project for us, which will significantly contribute to achieving our green ambitions.?

Inox Wind is a wind energy solutions provider in India, catering to IPPs, utilities, PSUs, and corporate investors. It is part of the INOXGFL Group, with a focus on chemicals and renewable energy. IWL is fully integrated in the wind energy market, with four manufacturing plants and a capacity of over 2 GW per annum.

The company?s consolidated net profit soared to Rs 125.12 crore in Q3 FY25 as against Rs 3.18 crore posted in Q3 FY24. Revenue from operations surged 81% to Rs 911.27 crore in the quarter ended 31 December 2024.

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Inox Wind updated today that the execution of the 990 MW turnkey order out of the 1,500 MW framework agreement signed is in full swing across multiple locations in the states of Gujarat, Rajasthan and Madhya Pradesh. IWL has received all the advances related to these projects and commissioning is expected in phases from FY26 onwards. This order from Purvah Green, a subsidiary of CESC, is the single largest wind order awarded by an IPP in India to any wind OEM.

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