Inox Wind Shares to Trade Ex-Date on June 4: Final Dividend of ₹2

On June 4, 2025, Inox Wind shares will trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹2 final dividend.

Inox Wind said in an exchange filing, “The Board recommended a Final Dividend of Rs. 2/- (100%) per equity share of Rs. 2/- each fully paid (subject to deduction of tax, if any) for the financial year 2024-25. This shall be paid subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. Pursuant to Regulation 42 of Listing Regulations, the record date to determine the shareholders who will be eligible to receive the final dividend, subject to shareholders' approval, will be Wednesday, June 04, 2025.”

Inox Wind Q4FY25 Earnings Highlight

Inox Wind Ltd. (IWL) continued its strong growth trajectory, posting its highest-ever quarterly profit in Q4 FY25. The company recorded an 83% year-on-year increase in order execution, reaching 236 MW, while the order book stood at approximately 3.2 GW at the end of FY25. For the full year, IWL reported a profit after tax (PAT) of ₹438 crore.

In a significant development, the Hon’ble NCLT, Chandigarh Bench approved the merger between Inox Wind Energy and IWL. As a result, IWL's balance sheet has been substantially strengthened through a reduction in liabilities of around ₹2,050 crore, further reinforcing its financial position.

Inox Wind Management Take on Q4FY25 Earnings 

Commenting on the results, Mr. Devansh Jain, Executive Director, INOXGFL Group, said, “Inox Wind continues to deliver strong results, reporting its highest ever quarterly profit, a testament to the efforts of the company over the past quarters. I am also delighted to announce that the Hon’ble NCLT has approved the scheme of arrangement between Inox Wind Energy and Inox Wind, which further fortifies Inox Wind’s balance sheet. With the strong and favourable macroeconomic environment for the Indian renewable energy sector, our Group is well positioned to capitalise on the opportunities as one of the leaders in energy transition with our presence across wind, solar, EVs, BESS and renewable power generation.”

Also Read: Corporate Actions in Focus, June 02-06: L&T, TCS to Trade Ex-Dividend; Bonus, Stock Split and More Ahead

Mr. Kailash Tarachandani, Group CEO, Renewable Business, INOXGFL Group, said, “I am delighted to announce that through our focused 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. Our efforts to improve our operational efficiencies and execution continue, 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.”

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