Inox Green Energy Services Share Price in Focus Post Q2 FY27 Earnings Results: Net Profit Up 55.6% YoY

On November 13, 2026, the Board of Directors of Inox Green Energy Services Limited approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, as per the exchange filings.  

The Nomination and Remuneration Committee also approved the grant of 79,373 employee stock options under ESOS 2024 at ₹94.49 per share. 

Inox Green Energy Services Quarterly and Half Year Financial Performance 

For the quarter ended September 30, 2026, Inox Green Energy Services Limited recorded a 5.4% year on year decline in total income to ₹112.96 crore from ₹119.43 crore in the corresponding period last year. Quarter on quarter total income grew 11.6% from ₹101.18 crore in the June 2026 quarter, with revenue from operations reaching ₹88.72 crore.  

Net profit jumped 55.6% year on year to ₹43.67 crore from ₹28.07 crore, and increased 7.1% sequentially from ₹40.79 crore. 

For the half year ended September 30, 2026, total income increased 4.5% year on year to ₹214.14 crore from ₹204.94 crore, while revenue from operations stood at ₹132.01 crore. Half-yearly net profit rose 67.4% year on year to ₹84.46 crore from ₹50.45 crore in the previous year. 

Balance Sheet, Cash Flows, and Corporate Developments 

As at September 30, 2026, consolidated total assets stood at ₹2,648.75 crore, comprising ₹833.10 crore in non-current assets and ₹1,815.64 crore in current assets, alongside total equity of ₹2,094.49 crore and liabilities of ₹554.25 crore.  

During the half year, operating activities used ₹67.51 crore and investing activities used ₹434.68 crore, while financing activities generated ₹437.62 crore, leaving closing cash and cash equivalents at ₹22.32 crore. 

Following NCLT Ahmedabad sanction, the Power Evacuation business demerged into Inox Renewable Solutions Limited effective May 04, 2026, with 4,89,82,030 equity shares issued to Inox Green shareholders.  

The company also raised ₹300.00 crore via a Qualified Institutions Placement by allotting 1,81,10,473 equity shares, while subsidiary Vibhav Energy Private Limited signed a ₹550.00 crore Business Transfer Agreement to acquire Wind World India's O&M business. 

Read More: Reliance Power Share Price Falls Over 3%; Reports ₹31.23 Crore Loss Before Tax in Q2FY27! 

Inox Green Energy Services Share Price Performance   

As of November 13, 2026, at 3:30 PM, Inox Green Energy Services share price on NSE was closed at ₹117.21 up by 0.45% from the previous closing price. 

Conclusion 

Inox Green Energy Services Limited posted Q2 FY27 net profit of ₹43.67 crore, up 55.6% YoY, on total income of ₹112.96 crore. Half-yearly net profit grew 67.4% YoY to ₹84.46 crore alongside major corporate actions including a demerger, a ₹300.00 crore QIP, and a ₹550.00 crore O&M business acquisition agreement. 

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