Indowind Energy Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Indowind Energy's board approved the Q1 FY26 consolidated financial results, showing a strong turnaround. Revenue for the quarter rose to ₹11.54 Cr, significantly up from ₹4.80 Cr last quarter and ₹7.35 Cr last year. The company reported a profit of ₹2.29 Cr, a reversal from the ₹4.77 Cr loss last quarter and an increase from ₹1.61 Cr YoY. The 30th Annual General Meeting is set for September 26, 2025, with September 19, 2025, as the record date. The board also proposed Mr. Baskaran B R and Mr. Sridhar's appointment as Independent Directors, pending shareholder approval. Auditors flagged a qualified opinion regarding receivables and a legal claim.