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Incorporated in 1995, Indowind Energy Ltd is in the business of generation and distribution of power through windmills
Indowind Energy's board approved Q1FY27 consolidated net profit of ₹1.99 Cr, though revenue was impacted by delayed wind season. The board also proposes re-appointment of Ms. Sangeetha Lakhi as Independent Director and Mr. N.K. Haribabu as Whole-Time Director. Auditors issued a qualified opinion regarding Suzlon claims and goodwill assessment.
INDOWIND clarified its audit qualification statement was properly signed by the Whole-time Director. The company also rectified discrepancies in its financial results between XBRL and PDF formats. Corrected integrated financials are being resubmitted, resolving previous data mismatches for investor clarity.