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Inox Green Energy Services Ltd Q1FY24; 3% rise in Revenue

Incorporated in 2012, Inox Green Energy Services Limited is one of the major wind power operation and maintenance (“O&M”) service providers within India. The company is a subsidiary of Inox Wind Limited (“IWL”), and part of the Inox GFL group of companies.

Financial Results:

  • Inox Green Energy Services Ltd reported Revenues for Q1FY24 of ₹63.88 Crores up from ₹61.79 Crore year on year, a rise of 3.38%.
  • Total Expenses for Q1FY24 of ₹61.28 Crores down from ₹78.74 Crores year on year, a fall of 22.17%.
  • Consolidated Net Profit of ₹2.96 Crores from -₹11.58 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.09, from -₹0.49 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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