Inox Wind's consolidated Ebitda (excluding other income) is expected to reach Rs 2.57 billion during the quarter, up 152% YoY and 24% QoQ, says the brokerage.
Improved execution and commissioning in Q4 FY25 is expected to be driven by a pickup in EPC and continued ramp-up of manufacturing operations.
Monitoring the execution pace and EPC completions remains crucial, given that abrupt policy changes and subdued order inflows are risks to Inox Wind, adds Systematix.
With the brokerages' Q4 estimates, it expects FY25 annual execution to reach 720 MW (+91% YoY) compared to management’s guidance of 800MW.