Inox Green Energy Services Limited saw its shares jump 3.89% to ₹166.49 after the company reported a remarkable financial turnaround for Q3 FY25. The company posted a net profit of ₹5.19 crore, compared to a net loss of ₹1.35 crore in Q3 FY24, showcasing significant improvements in its operational performance.
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 rise from ₹2.27 crore in the same period last year.
- Net profit (PAT): ₹5.19 crore, marking a turnaround from the previous loss of ₹1.35 crore.
The company attributed its improved performance to cost optimization measures, reduced finance costs, and robust execution across its maintenance and infrastructure operations.
Management Outlook:
Inox Green Energy is optimistic about sustaining this momentum through upcoming quarters, driven by its strategic focus on operational efficiencies and growth-oriented initiatives.
Disclaimer: The information provided is for informational purposes only and should not be considered financial advice. Stock market investments are subject to risks. Always conduct your own research or consult a financial advisor before making investment decisions.
