Inox Wind Limited has made available the audio recording of its conference call with analysts and investors, which was conducted on Friday, August 7, 2026. The discussion centered on the company’s standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1FY27). This disclosure fulfills the regulatory requirements under Regulation 30 and Regulation 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The call was hosted by Nuvama Wealth Management Limited, with Mr. Vikram Datwani serving as the call leader. The session began at 5:00 PM IST. Investors and stakeholders can now access the complete audio recording via a direct link provided on the company’s official website.

Management Participants

Senior leadership from both Inox Wind Limited and Inox Green Energy Services Limited participated in the session to address investor queries regarding the quarterly performance. The key participants included:

• Devansh Jain, Executive Director, INOXGFL Group
• Kailash Tarachandani, Group CEO (Renewables Business), INOXGFL Group
• Akhil Jindal, Group CFO, INOXGFL Group
• Sanjeev Agarwal, CEO, Inox Wind Ltd
• S. K. Mathusudhana, CEO, Inox Green Energy Solutions Ltd

Accessing the Recording

The notice containing the audio link was submitted to both the BSE Limited and the National Stock Exchange of India Limited on August 7, 2026. It was signed by Deepak Banga, Company Secretary, at 19:26:08 IST.

For further inquiries, investors may contact Vikram Datwani at Nuvama Wealth Management Limited via email at Vikram.Datwani@nuvama.com .

Inox Wind Limited reported a year-on-year decline in consolidated net profit to 440M Rupees for Q1, compared to 1.06B Rupees in the same period last year, as higher costs impacted margins despite a marginal movement in top-line revenue. Revenue from operations stood at 8.14B Rupees, compared to 8.3B Rupees in the same period last year. Total income increased 1% to ₹872 crore from ₹863 crore in the corresponding quarter of the previous year. The company attributes the performance to a strategic pivot towards equipment supply, aimed at achieving financial robustness, with meaningful benefits expected from Q3 onwards.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by Company Secretary Deepak Banga on August 7, 2026. The earnings presentation also highlighted that Inox Green, a subsidiary, received approval from the National Company Law Tribunal (NCLT), Ahmedabad, to acquire ~4.5 GW of wind O&M assets from Wind World India. This transaction is expected to be completed in Q2FY27, with FY26 revenue from this business segment standing at ₹580 crore.

Financial Performance

Latest data shows consolidated EBITDA declined year-on-year to 1.52B Rupees from 1.84B Rupees, with the EBITDA margin contracting to 18.73% from 22.23%. Profit before tax fell 31% to ₹95 crore. Cash PAT, defined as PAT plus depreciation, deferred taxes, and MAT credit entitlement, decreased 18% to ₹153 crore from ₹186 crore.

The following table summarises the key financial metrics for the quarter:

Other income rose 61% to ₹58 crore from ₹36 crore. Cost of materials consumed increased 12% to ₹446 crore, while erection, procurement, and commissioning costs more than doubled to ₹119 crore from ₹56 crore, reflecting the significant cost pressures that weighed on profitability during the quarter.

Order Book and Strategic Developments

Inox Wind maintains a well-diversified order book of ~4.4 GW as of July 2026, providing revenue visibility of more than 24 months. Key customers include NTPC, CESC, NLC India, Aditya Birla, and Amplus/Gentari. The company has signed an MOU with Inox Clean for 1.5 GW of wind turbine supply, with a firm agreement for the first tranche of 500 MW valued at up to ₹3,500 crore. Additionally, Inox Wind received a Letter of Award from NLC India Ltd for a 200 MW turnkey order along with O&M services in July 2026.

The demerger of the power evacuation business from Inox Green into Inox Renewable Solutions Limited (IRSL) was completed on August 1, 2026. IRSL is expected to be listed on stock exchanges post receipt of statutory approvals. The group continues to leverage synergies across its entities, including Inox Solar and Inox Neo, targeting significant capacity additions in solar and hybrid renewable energy.

What the Numbers Show

The year-on-year decline in consolidated net profit to 440M Rupees from 1.06B Rupees, alongside EBITDA margin compression to 18.73% from 22.23%, underscores the margin pressure driven by rising operational costs. Cost of materials and EPC expenses grew significantly faster than revenue, compressing profitability. However, the robust order book of 4.4 GW and the strategic shift towards high-margin equipment supply align with management's expectation of meaningful financial improvements from Q3FY27 onwards.