Newsletter
Inox Green Energy posted a sharp jump in Q3 profits, backed by solid revenue growth and better operating leverage.
The numbers
- Net profit at ₹24.7 crore, up from ₹4 crore last year, up more than 500%
- Revenue at ₹81.8 crore vs ₹61 crore, up 34% YoY
- Total income at ₹111.7 crore, up from ₹73.9 crore
The how: the boost came from stronger revenue in its core operations and maintenance (O&M) business.
As wind projects scale up, recurring servicing contracts bring steady cash flows. With costs rising at a slower pace than income, margins expanded, that’s operating leverage kicking in.
Zoom out: Inox Green manages wind turbine generators and related infrastructure.
As India pushes toward 500 GW non-fossil capacity by 2030, the need to maintain and optimise renewable assets is only rising. The renewable boom isn’t just about building turbines, it’s also about keeping them running efficiently.
