Inox Wind Ltd

The company said that it has received all the advances related to these projects, and commissioning is expected in phases from FY26 onwards. This order from Purvah Green, a subsidiary of CESC, is the single largest wind order awarded by an IPP in India to any wind OEM, it added. Kailash Tarachandani, Group CEO, Inox Wind, said, We are pleased to announce that we are now executing the entire 990 MW turnkey project for Purvah across multiple locations. We will commence the commissioning of the project in a phased manner starting in FY26. This is a milestone order for Inox Wind from an esteemed customer, and we are confident of deepening our relationship further.' Sandeep Kashyap, CEO of Renewables Business at RPSG Group, said, 'We are pleased with the progress that we have achieved on this project. Our partnership with Inox Wind will be a strong catalyst in our quest to achieve multi-fold growth in our renewable portfolio over the next few years. This is an important project for us, which will significantly contribute to achieving our green ambitions.' Inox Wind is a wind energy solutions provider in India, catering to IPPs, utilities, PSUs, and corporate investors. It is part of the INOXGFL Group, with a focus on chemicals and renewable energy. IWL is fully integrated in the wind energy market, with four manufacturing plants and a capacity of over 2 GW per annum. The company's consolidated net profit soared to Rs 125.12 crore in Q3 FY25 as against Rs 3.18 crore posted in Q3 FY24. Revenue from operations surged 81% to Rs 911.27 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

Inox Wind updated today that the execution of the 990 MW turnkey order out of the 1,500 MW framework agreement signed is in full swing across multiple locations in the states of Gujarat, Rajasthan and Madhya Pradesh. IWL has received all the advances related to these projects and commissioning is expected in phases from FY26 onwards. This order from Purvah Green, a subsidiary of CESC, is the single largest wind order awarded by an IPP in India to any wind OEM.Powered by Capital Market - Live

Data Patterns (India) Ltd, Sun Pharma Advanced Research Company Ltd, Zen Technologies Ltd and Triveni Turbine Ltd are among the other gainers in the BSE's 'A' group today, 07 March 2025.Inox Wind Ltd spiked 11.95% to Rs 171.4 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 7.41 lakh shares were traded on the counter so far as against the average daily volumes of 3.96 lakh shares in the past one month. Data Patterns (India) Ltd soared 10.31% to Rs 1567.5. The stock was the second biggest gainer in 'A' group. On the BSE, 1.58 lakh shares were traded on the counter so far as against the average daily volumes of 49047 shares in the past one month. Sun Pharma Advanced Research Company Ltd surged 10.19% to Rs 138.9. The stock was the third biggest gainer in 'A' group. On the BSE, 4.68 lakh shares were traded on the counter so far as against the average daily volumes of 1.06 lakh shares in the past one month. Zen Technologies Ltd rose 10.00% to Rs 1299.55. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.32 lakh shares were traded on the counter so far as against the average daily volumes of 1.24 lakh shares in the past one month. Triveni Turbine Ltd exploded 9.70% to Rs 587.15. The stock was the fifth biggest gainer in 'A' group. On the BSE, 2.27 lakh shares were traded on the counter so far as against the average daily volumes of 1 lakh shares in the past one month. Powered by Capital Market - Live

The order involves the supply of Inox Wind's 3 MW class turbines for a project under development in Tamil Nadu. In addition to supplying the turbines, the company will also provide limited-scope engineering, procurement, and construction (EPC) services, along with multi-year operations and maintenance (O&M) services after the turbines are commissioned. Inox Wind is a wind energy solutions provider in India, catering to IPPs, utilities, PSUs, and corporate investors. It is part of the INOXGFL Group, with a focus on chemicals and renewable energy. IWL is fully integrated in the wind energy market, with four manufacturing plants and a capacity of over 2 GW per annum. The company's consolidated net profit soared to Rs 116.65 crore in Q3 FY25 as against Rs 1.07 crore posted in Q3 FY24. Revenue from operations surged 81% to Rs 911.27 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

Inox Wind has bagged a 153 MW order from a leading renewable energy developer, which is a member of a large global clean energy company. This order is for the supply of IWL's 3 MW class turbines for a project being developed by the company in Tamil Nadu. Additionally, IWL will provide limited scope EPC for the project as well as multi-year operations & maintenance (O&M) services post the commissioning of the turbines. Powered by Capital Market - Live

Inox Wind Ltd gained 10.69% today to trade at Rs 186.35. The BSE Capital Goods index is up 1.27% to quote at 65347.46. The index is down 4.75 % over last one month. Among the other constituents of the index, Rail Vikas Nigam Ltd increased 4.41% and Suzlon Energy Ltd added 4.39% on the day. The BSE Capital Goods index went up 16.58 % over last one year compared to the 8.29% surge in benchmark SENSEX. Inox Wind Ltd has lost 0.56% over last one month compared to 4.75% fall in BSE Capital Goods index and 1.18% drop in the SENSEX. On the BSE, 3.19 lakh shares were traded in the counter so far compared with average daily volumes of 4.68 lakh shares in the past one month. The stock hit a record high of Rs 262.1 on 23 Sep 2024. The stock hit a 52-week low of Rs 106.98 on 14 Mar 2024.Powered by Capital Market - Live

Net profit of Inox Wind rose 10801.87% to Rs 116.65 crore in the quarter ended December 2024 as against Rs 1.07 crore during the previous quarter ended December 2023. Sales rose 81.01% to Rs 911.27 crore in the quarter ended December 2024 as against Rs 503.45 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales911.27503.45 81 OPM %22.7318.43 - PBDT252.8833.48 655 PBT206.315.43 3699 NP116.651.07 10802 Powered by Capital Market - Live

Inox Wind Ltd gained for a third straight session today. The stock is quoting at Rs 171.81, up 6.16% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.94% on the day, quoting at 23468.7. The Sensex is at 77348.06, up 0.77%. Inox Wind Ltd has slipped around 8.29% in last one month. Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has slipped around 4.73% in last one month and is currently quoting at 33026.05, up 2.21% on the day. The volume in the stock stood at 165.73 lakh shares today, compared to the daily average of 105.14 lakh shares in last one month.The PE of the stock is 100.22 based on TTM earnings ending September 24.Powered by Capital Market - Live

Inox Wind Ltd is down for a fifth straight session today. The stock is quoting at Rs 136.59, down 4.41% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.96% on the day, quoting at 22871.55. The Sensex is at 75485.37, down 0.93%.Inox Wind Ltd has lost around 24.6% in last one month.Meanwhile, Nifty Energy index of which Inox Wind Ltd is a constituent, has eased around 6.48% in last one month and is currently quoting at 33263.55, down 2.07% on the day. The volume in the stock stood at 83.68 lakh shares today, compared to the daily average of 67.5 lakh shares in last one month.The PE of the stock is 88.91 based on TTM earnings ending September 24.Powered by Capital Market - Live

Inox Wind will hold a meeting of the Board of Directors of the Company on 31 January 2025.Powered by Capital Market - Live