Inox Wind Limited — Updates, 25-10-2024: Press Release

Inox Wind Limited reported strong Q2 FY25 results, with a 93% revenue increase to ₹742 crore and a 171% rise in EBITDA to ₹189 crore, achieving a profit after tax of ₹90 crore. The company demonstrated impressive execution with 140 MW in Q2 and maintained a record order book of ~3.3 GW. Inox Wind's balance sheet is now net cash, and operational cash flow has turned positive. The firm is optimistic about future growth, targeting 2 GW of execution by FY27.