Inox Wind Reports 45% Profit Decline in Q4
Inox Wind experienced a 45% drop in net profit during the fourth quarter, attributed to increased expenses and operational hurdles. The company's revenue and order book display resilience, offering substantial revenue visibility for the coming two years, despite challenges impacting supply and payment processes.
- Country:
- India
Inox Wind has announced a significant 45% decline in its consolidated net profit for the fourth quarter, totaling Rs 105.68 crore. The decline is largely due to increased expenses during the period from January to March.
Compared to the same period last year, when the company's profit was Rs 190.34 crore, recent quarters have seen income from operations drop slightly from Rs 1,310.65 crore to Rs 1,305.50 crore. Inox Wind attributes these challenges to geopolitical tensions, execution difficulties, and delayed payments from customers.
The company's expenses in the last quarter of FY25 rose from Rs 1,103.01 crore to Rs 1,161.59 crore. Despite this, Inox Wind's robust order book stands at 3.1 GW as of March 31, 2026, ensuring significant revenue potential for more than two years.
As a part of INOXGFL Group, Inox Wind continues to be a leading provider of wind energy solutions, though it faces challenges such as supply chain delays and logistical issues.
(With inputs from agencies.)
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