Inox Wind Limited reported robust financial performance for the quarter ended December 31, 2024 (Q3 FY25), with significant improvements across key metrics driven by higher revenues and profitability.
Key Financial Highlights for Q3 FY25 (Consolidated)
- Revenue from operations: ₹913.60 crore, up 97% YoY from ₹503.45 crore in Q3 FY24.
- Total income: ₹993.60 crore, up 96% YoY from ₹506.88 crore.
- Profit before tax (PBT): ₹192.85 crore, compared to a profit of ₹5.43 crore last year.
- Net profit: ₹111.64 crore, marking a massive 6068% growth compared to ₹1.81 crore YoY.
- Total expenses: ₹787.29 crore, up 57% YoY from ₹501.45 crore in Q3 FY24.
- EBITDA: Strong growth due to operational efficiency and lower costs of materials consumed.
Operational and Cost Efficiency
The company’s focus on operational improvements and cost optimization helped it post substantial YoY growth in EBITDA and net profit. Cost of materials consumed increased by 96% YoY to ₹556.34 crore, compared to ₹283.78 crore in the same quarter last year, reflecting increased production levels.
Outlook
Inox Wind’s strong performance positions the company well for future growth, supported by increased demand for wind energy infrastructure and ongoing government incentives in renewable energy.
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