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.