Inox Green Energy Services Limited reported an impressive turnaround in financial performance for the quarter ended December 31, 2024 (Q3 FY25). The company posted a net profit of ₹5.19 crore, compared to a net loss of ₹1.35 crore in the same quarter last year (Q3 FY24).
Key Financial Highlights:
- Total income: ₹73.98 crore, up 22.24% YoY from ₹60.54 crore in Q3 FY24.
- Profit before tax (PBT): ₹11.03 crore, a sharp increase from ₹2.27 crore YoY, reflecting effective cost management and growth in operating performance.
- Net profit (PAT): ₹5.19 crore, compared to a loss of ₹1.35 crore in Q3 FY24, reflecting improved operational efficiencies and lower expenses.
The company attributed this growth to cost optimization measures, lower finance costs, and strong execution in its key maintenance and infrastructure operations. The reduction in overall expenses helped convert previous losses into profits.
Management Outlook:
With continued operational improvements and strategic focus, Inox Green Energy remains confident about sustaining profitability in the upcoming quarters.
