Inox Wind Q2 profit falls 43% to ₹68.55 crore

Inox Wind Limited (NSE: INOXWIND) INOXWIND reported Q2 consolidated net profit of ₹68.55 crore, down about 43% from ₹121 crore a year earlier. Alongside the results, it withdrew its 75% revenue growth forecast for FY27. The company has now set a revenue target of ₹7,500 crore for FY28. Dropping a guidance number that aggressive usually means project delivery or supply timelines are running behind plan. Management has not given a reason in the data I have, so that part is my reading and not a stated fact. Here is how I see it. A 43% fall in quarterly profit is a weak print on its own. Pulling the FY27 growth target at the same time tells us the near-term revenue path is less certain than it looked. Replacing a growth percentage with a fixed FY28 figure is a more honest benchmark. It gives investors something concrete to track, but it also pushes the payoff further out. For the next three months, my bias is bearish. Profit has compressed and guidance has been reset, and the market usually needs fresh evidence before it looks past that. What I am watching: - Order execution and delivery numbers in the next quarter. - EBITDA margin, to see if the profit drop is a one-off or a trend. - Quarterly revenue, to judge whether the path to ₹7,500 crore by FY28 is believable. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.