Inox Green Energy Services Limited (NSE: INOXGREEN, BSE: 543667) said its board approved the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec. 31, 2025, and reappointed a whole-time director, according to the company’s regulatory filing dated Feb. 13, 2026.
Board decisions and corporate actions
At its meeting on Feb. 13, 2026, the board approved the company’s unaudited Q3 FY26 and 9M FY26 financial results, along with limited review reports from the statutory auditor. The board also approved the re-appointment of Mukesh Manglik as Whole-time Director for a further two-year term effective May 19, 2026, subject to shareholder approval. The company plans to seek shareholder consent through a postal ballot.
The filing noted that Manglik is not debarred from holding the office of director by any regulatory authority and has longstanding experience in engineering, operations and maintenance in the wind power sector.
Q3 FY26 and 9M FY26 financial overview
The company reported results across its core operations and maintenance (O&M) services for wind turbine generators and common infrastructure facilities, which remains its primary business segment in India.
On a consolidated basis, revenue from continuing operations for the quarter stood at ₹817.9 crore, compared with ₹858.7 crore in the preceding quarter and ₹631.1 crore in Q3 FY25, reflecting higher year-on-year revenue but a sequential moderation. Profit after tax from continuing operations was ₹24.7 crore in Q3 FY26, compared with ₹28.1 crore in Q2 FY26 and ₹5.8 crore in Q3 FY25, indicating improved year-on-year profitability.
For the nine months ended Dec. 31, 2025, consolidated revenue from continuing operations totaled ₹2,238.6 crore, up from ₹1,671.7 crore in the year-ago period. Profit after tax from continuing operations was ₹75.1 crore, compared with ₹12.8 crore in 9M FY25, reflecting stronger operating performance over the period.
Segment mix and business profile
According to the segment information in the filing, the group operates across O&M services, power generation, and trading income, with the majority of revenue derived from O&M services for wind assets. All revenues are from the domestic market. The company continues to scale its O&M platform as India’s wind fleet expands and as independent power producers outsource maintenance and uptime management.
Capital structure and disclosures
The filing highlighted recent equity issuances and ESOP allotments during the quarter as part of the company’s capital-raising and employee incentive programs. The company also provided updates on investments in special purpose vehicles (SPVs) linked to wind projects under SECI tenders and noted ongoing regulatory and appellate proceedings related to bank guarantees and connectivity approvals.
Management said it is pursuing appeals before the appropriate authorities and expects no material adverse impact beyond provisions already recognized, while monitoring the impact of India’s new labour codes, which became effective in November 2025.
Outlook
The company continues to focus on scaling its wind O&M platform, improving asset uptime for customers and optimizing working capital. Management said demand for O&M services remains supported by the growing installed base of wind turbines in India and the increasing preference of asset owners to outsource maintenance to specialized service providers.
Summary
Inox Green Energy Services approved its Q3 FY26 and 9M FY26 financial results and announced the reappointment of a whole-time director. The company reported higher year-on-year revenue and profitability for the quarter and nine months, driven by its wind O&M services business. Ongoing corporate actions, capital initiatives and regulatory proceedings remain key areas to monitor as the company continues to scale its domestic renewable energy services platform.