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Inox Wind Ltd Q1FY24; 65% rise in Revenue

Inox Wind Limited is a part of the Inox Group. The company is engaged in the business of manufacturing Wind Turbine Generators (WTGs) and is a wind energy solutions provider servicing IPPs, Utilities, PSUs, Corporates and Retail Investors.

Financial Results:

  • Inox Wind Ltd reported Revenues for Q1FY24 of ₹349.00 Crores up from ₹211.00 Crore year on year, a rise of 65.4%.
  • Total Expenses for Q1FY24 of ₹416.00 Crores up from ₹347.00 Crores year on year, a rise of 19.88%.
  • Consolidated Net Profit of -₹65.00 Crores from -₹130.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹2.26, from -₹4.66 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.

Tags: Wind Power
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