Mumbai: Inox Wind Ltd, one of India’s largest integrated wind energy players, has seen its stock fall as much as 3% intraday on June 2, even as the company reported a 142% YoY rise in revenue for Q4 FY25. With a Rs.186.9 crore net profit, the company has seen a 302% rise in net profit from the same period last year. The company has declared a dividend of Rs.1.50 per equity share, subject to shareholder approval.
The company has also received NCLT approval to merge Inox Wind Energy Ltd with Inox Wind, increasing the company’s share count by 25% and also reducing the liabilities by almost Rs.2,000 crore.
Analysts from across the board have largely maintained a ‘buy’ rating on the stock, despite the company not meeting its internal execution guidelines of 800 MW, achieving only 705 MW for the full fiscal year.
The company had an order book of 3.2 GW in March 2025, higher than the 2.6 GW orders it received last year. This includes equipment supply and turnkey solutions.
Inox Wind competes with Suzlon Energy in the wind energy sector, even as the wind energy sector in India experiences robust growth. In 2024, India’s cumulative wind power capacity was 48.16 GW, with a projected increase to 89.49 GW by 2030. The Government’s renewable energy targets and incentives have helped the sector immensely, even as transmission infrastructure bottlenecks haven’t been addressed in time.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
