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Inox Wind Limited is an integrated wind energy solutions provider in India, part of the INOX Group. The company manufactures and sells Wind Turbine Generators (WTGs) and provides services including Erection, Procurement & Commissioning (EPC), Operations & Maintenance (O&M), and wind farm development. Inox Wind has three manufacturing plants located in Gujarat, Himachal Pradesh, and Madhya Pradesh, with a total manufacturing capacity of 1,600 MW. The company produces blades, tubular towers, hubs, and nacelles across these facilities. Inox Wind offers turnkey wind power solutions and has exclusive rights to manufacture 2 MW WTGs in India using technology licensed from AMSC. The company has also launched a 3.3 MW WTG platform and commissioned various wind and solar power projects across India. Inox Wind became a public company in 2015 through an IPO.
In the news

Inox Wind shares jump 3.29% on ₹755 cr Indian Oil order

Motilal Oswal sets Inox Wind target at ₹92

Inox Wind Q3 profit drops 44% YoY to ₹105.68 cr; margins under pressure

Inox Wind shares rise 2% after securing ₹1,600 cr NLC India order

Suzlon Energy, Inox Wind Rated 'Buy' Ahead of Q1 Results

JM Financial retains 'Add' rating on Inox Wind growth outlook

Inox Wind rises 1.26% for third straight session

Inox Wind shares rise 1.81% on ₹1,500 MW MoU with Inox Clean Energy

Inox Wind drops 10% on weak Q4 results, strategic pivot planned

ICICI Securities raises Inox Wind target to ₹120 amid Q4 miss

Inox Wind shares crash 8% as Q4 profit drops 45% YoY to ₹105.68 crore

Sensex Falls 117 Points After RBI Policy; Infrastructure Stocks Hit

Inox Wind Q4 profit drops 44.4% to ₹105.68 cr, shares fall 9%

IndiGo suspends Manchester flights from Aug 31 amid cost pressures

CERC's DSM Shake-Up: Why Wind Generators Are Sweating

ICICI Securities maintains Rs 130 target for Inox Wind despite challenges

Inox Wind Q3 profit flat at ₹117 crore; revenue up 32.5%
The Quarter story
The two most recent quarterly results, compared side-by-side.
Margins expand and costs drop, but seasonal revenue normalization pressures quarterly profits.
EBITDA margin improved from 25.2% in Q3 FY26 to 27% in Q1 FY27 — confirming strong pricing power
Cash PAT fell from ₹268 Cr in Q4 FY26 to ₹153 Cr in Q1 FY27 — signaling seasonal profit compression
Material costs fell from ₹659 Cr in Q2 FY26 to ₹446 Cr in Q1 FY27 — reflecting improved input efficiency
Profit after tax dropped from ₹127 Cr in Q3 FY26 to ₹64 Cr in Q1 FY27 — highlighting core earnings volatility
Execution volumes climbed from 146 MW in Q1 FY26 to 252 MW in Q3 FY26 — demonstrating accelerating delivery pace
Finance costs rose from ₹34 Cr in Q1 FY26 to ₹57 Cr in Q1 FY27 — reflecting higher debt servicing obligations
Order book grew from 3.1 GW in Q1 FY26 to 3.2 GW in Q3 FY26 — ensuring near-term revenue visibility
Erection costs jumped from ₹56 Cr in Q1 FY26 to ₹119 Cr in Q1 FY27 — signaling heavy project deployment activity