Inox Wind Limited Latest Updates

$INOXWIND Q4 FY26 Financial Contraction For the fourth quarter ended March 31, 2026, Inox Wind Limited reported a 44.4% year-on-year decline in consolidated net profit, which fell to ₹105.68 crore from ₹190.34 crore in Q4 FY25. Operating revenue for the quarter marginally slipped by 2.3% to ₹1,244.24 crore. Profitability was primarily constrained by supply chain bottlenecks in electrical control systems (ECS) caused by geopolitical friction, alongside delayed billing clearances from certain corporate buyers. Strong Full-Year FY26 Cumulative Growth Despite the late-year operational slowdown, cumulative performance for the full financial year 2025-26 reflected robust expansion. Annual consolidated revenue from operations grew 24% to hit ₹4,397 crore compared to ₹3,557 crore in FY25. Full-year consolidated net profit closed 3% higher at ₹449 crore, while operating EBITDA surged 25% year-on-year to ₹1,232 crore. Strategic Pivot to Equipment Supply and Synergies Management outlined a long-term operational pivot designed to scale up pure-play wind turbine equipment supply contracts from 27% of the order mix to 75% over time. This change is aimed at fundamentally accelerating working capital efficiency and reducing execution-phase risk. Additionally, the company will benefit from strong internal group synergies, with consistent order visibility flowing from its sister firm, Inox Clean Energy. Capital Structure and Strategic Capacity Ramping The infrastructure developer's paid-up equity share capital stood expanded at ₹1,728 crore at the close of the financial year. This capital base enhancement followed the complete closure and monetization of a rights issue that raised ₹1,249.33 crore. The freshly raised funds are earmarked to support the commercial launch of its high-yield 4X MW wind turbine platform and ramp up existing manufacturing capacities.