Inox Wind Share Price Drops on June 2; Reported FY25 Results with 105% Revenue Jump YoY

Inox Wind Limited (IWL) announced its financial results for the quarter and financial year ended March 31, 2025.

Financial Performance in FY25

Inox Wind has reported a stellar performance for the financial year ended March 31, 2025. The company’s revenue jumped 105% year-on-year (YoY), while EBITDA surged by 167% YoY.

Notably, the company recorded a Profit After Tax (PAT) of ₹438 crore in FY25, a significant turnaround from the ₹48 crore loss posted in FY24. Cash PAT also saw a dramatic rise of 800% YoY, reaching ₹734 crore.

Operational Highlights and Execution Gains

IWL executed 236 MW of wind projects in Q4 FY25, reflecting an 83% YoY increase. For the full year, execution rose 88% YoY to 705 MW. The company’s orderbook remains strong at approximately 3.2 GW, with FY25 order inflows of around 1.5 GW. The advanced commissioning of a new nacelle manufacturing plant near Ahmedabad is expected to further strengthen production capacity.

Strategic Expansion and Merger Benefits

Inox Green, a subsidiary of IWL, has expanded its renewable operations and maintenance (O&M) portfolio to ~5.1 GW, marking its entry into the solar O&M segment. Furthermore, the National Company Law Tribunal (NCLT), Chandigarh Bench, approved the merger of Inox Wind Energy Limited (IWEL) with IWL. This restructuring reduced liabilities on IWL’s balance sheet by ₹2,050 crore, significantly improving the company’s financial position.

Mr. Kailash Tarachandani, Group CEO, Renewable Business, INOXGFL Group, said, “I am delighted to announce that through our focussed and committed approach, Inox Wind has been able to deliver another quarter of strong financial growth, concluding FY25 on a strong note. Our well diversified order book stands at a healthy 3.2 GW comprising of marquee customers including NTPC, CESC, NLC India, Continuum, Amplus, Hero Future Energies, amongst others.”

He further stated, “Our efforts to improve our operational efficiencies and execution continues, which is reflected in the strong margins reported. We believe that with the robust outlook for the wind industry in India, demand for wind OEMs and service providers will continue to be strong going ahead.”

Inox Wind Share Price Performance

On June 2, 2025, Inox Wind share price opened at ₹198.30, up from its previous close of ₹195.00. At 11:33 AM, the share price of Inox Wind was trading at ₹191.39, down by 1.85% on the NSE.

Also Read: Premier Energies Forms Two Strategic JVs to Boost Solar Manufacturing!

Conclusion

With execution, healthy order inflows, a growing O&M portfolio, and a strengthened balance sheet, Inox Wind is well-positioned to capitalise on the growing demand for renewable energy in India and sustain its growth momentum in the coming years.

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