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Bloomberg Quint

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Inox Wind Share Price Swings After Q4 Revenue More Than Doubles

  • Inox Wind Ltd.'s share price initially rose by 3.08% before falling, following the company's strong fourth-quarter results.
  • The wind energy firm's consolidated revenue more than doubled, reaching Rs 1,248 crore compared to Rs 528 crore in the same period last year.
  • Earnings before interest, taxes, depreciation, and amortisation showed significant growth, rising to Rs 227 crore from Rs 98.6 crore.
  • Inox Wind is a key player in India's renewable energy sector, focusing on wind energy solutions such as designing, manufacturing, and installing wind turbine generators.

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