Inox Wind's Q1 FY 2025-26 Quarterly Results

Result Summary

• Inox Wind Ltd reported a 53.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 32.6%.
• Its expenses for the quarter were up by 41.5% QoQ and 20.3% YoY.
• The net profit increased 165.1% QoQ and increased 93.2% YoY.
• The earnings per share (EPS) of Inox Wind Ltd stood at 0.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Inox Wind Ltd is a leading player in the renewable energy sector, primarily focusing on the manufacturing and production of wind turbine generators. The company operates within the energy industry, specifically targeting the wind energy segment, which aligns with global sustainability goals and the push towards clean energy solutions. Inox Wind offers a range of products and services, including wind turbine generators, wind resource assessment, site acquisition, infrastructure development, erection and commissioning, long-term operations, and maintenance of wind power projects. As of the latest updates available, Inox Wind is committed to expanding its footprint in the renewable energy market through strategic projects and collaborations. However, specific recent developments within the company post-October 2023 are not available.

Revenue

Inox Wind Ltd reported a total income of ₹862.56 crores in Q1FY26, which marked a significant increase from both the previous quarter (Q4FY25), where the total income was ₹563.07 crores, and the same quarter last year (Q1FY25), which stood at ₹650.52 crores. This represents a quarter-over-quarter (QoQ) increase of 53.2% and a year-over-year (YoY) rise of 32.6%. The growth in total income suggests a positive trajectory in revenue generation, reflecting the company's operational capacity and market presence in the wind energy sector.

Profitability

Inox Wind Ltd's profitability metrics indicate a robust performance in Q1FY26. The company recorded a profit before tax of ₹137.54 crores, which is a substantial increase from ₹36.88 crores in Q4FY25 and ₹48.01 crores in Q1FY25. This corresponds to a QoQ growth of 272.9% and a YoY growth of 186.5%. The profit after tax also rose to ₹97.33 crores in Q1FY26, up from ₹36.72 crores in the previous quarter and ₹50.38 crores in the same quarter last year, reflecting a QoQ increase of 165.1% and a YoY rise of 93.2%. The tax component for Q1FY26 was ₹40.21 crores, a significant change from the negative tax figure of -₹0.79 crores in Q4FY25, indicating a substantial tax impact compared to the previous periods.

Operating Metrics

The total expenses for Inox Wind Ltd in Q1FY26 amounted to ₹725.02 crores, showing an increase from ₹512.50 crores in Q4FY25 and ₹602.51 crores in Q1FY25. This reflects a QoQ rise of 41.5% and a YoY increase of 20.3%. Despite this rise in expenses, the company achieved a notable increase in profitability, indicating efficient cost management or enhanced revenue streams. The earnings per share (EPS) for Q1FY26 was ₹0.60, a decline from ₹1.13 in Q4FY25 and ₹1.53 in Q1FY25, showing a decrease of 46.9% QoQ and 60.8% YoY. The decline in EPS despite higher profit margins may point towards changes in share capital structure or other financial adjustments affecting share-based calculations.