Profits in the Air: Inox Wind’s ₹8.26 Billion Revenue Spins Success

Inox Wind Ltd has reported a stellar performance for the quarter ended June 2025 (Q1FY26), posting a consolidated revenue from operations of ₹8.26 billion and a consolidated net profit of ₹1.06 billion, according to its latest financial disclosures. The results reflect a strong rebound in India’s renewable energy sector and underscore Inox Wind’s growing dominance in wind turbine manufacturing and turnkey EPC services.

 

This marks a significant turnaround for the company, which has been steadily recovering from pandemic-era disruptions and supply chain challenges. The Q1 results show a sharp improvement in profitability, driven by higher turbine deliveries, improved execution of large-scale wind projects, and operational efficiencies.

 

Key Financial Highlights – Q1 FY26

Revenue from Operations: ₹8.26 billion

 

Net Profit: ₹1.06 billion

 

EBITDA Margin: Improved YoY due to better cost control and higher capacity utilization

 

Order Book: Strong pipeline of wind energy projects across Gujarat, Rajasthan, and Tamil Nadu

 

Debt Position: Continued deleveraging with improved cash flows from operations

 

Business Drivers Behind the Surge

Inox Wind’s Q1 performance was buoyed by several strategic and operational factors:

 

Higher Turbine Sales: Increased demand for wind turbines from independent power producers (IPPs) and state utilities contributed to revenue growth.

 

Turnkey Project Execution: The company successfully commissioned multiple wind farms under its EPC model, which includes land acquisition, infrastructure, and grid connectivity.

 

Cost Optimization: Streamlined supply chain and manufacturing processes helped reduce input costs and improve margins.

 

Policy Tailwinds: Supportive government policies under India’s National Wind-Solar Hybrid Policy and accelerated renewable energy targets have boosted sector confidence.

 

Management Commentary

In a statement following the results, Inox Wind’s management expressed optimism about the company’s trajectory:

 

“Our performance this quarter reflects the strength of our integrated business model and the growing demand for clean energy solutions. We remain committed to scaling up operations and contributing meaningfully to India’s renewable energy goals.”

 

The company also highlighted its focus on expanding manufacturing capacity and enhancing its technology portfolio, including next-generation turbines designed for low-wind-speed regions.

 

Sector Outlook and Strategic Positioning

India’s wind energy sector is expected to grow at a CAGR of over 10% through 2030, driven by ambitious government targets to achieve 500 GW of non-fossil fuel capacity by the end of the decade. Inox Wind, with its vertically integrated operations and strong execution capabilities, is well-positioned to capitalize on this growth.

 

The company’s strategic partnerships with state-run and private energy firms, along with its presence in high-wind corridors, give it a competitive edge. Additionally, its parent company, Inox Wind Energy Ltd, continues to support expansion through capital infusion and operational synergies.

 

Market Reaction and Investor Sentiment

Following the announcement, Inox Wind’s stock saw a modest uptick, reflecting investor confidence in the company’s growth trajectory. Analysts have noted that the Q1 results could act as a catalyst for further re-rating, especially as the company continues to deliver on its order book and expand its footprint.

 

The company’s improving financial metrics, including a healthier balance sheet and rising profitability, make it an attractive play in India’s clean energy transition.

 

What’s Next?

Looking ahead, Inox Wind plans to:

With a strong order pipeline and favorable policy environment, the company is poised for sustained growth in the coming quarters.

 

Sources: Moneycontrol, Google Finance, Inox Wind Energy Ltd Financial Statement