Inox Wind Limited reported a standalone net profit of ₹715.1 lakh for the quarter ended June 30, 2026 (Q1FY26), down from ₹867.1 lakh in the same quarter of the previous fiscal year. Consolidated net profit for the period was ₹640.9 lakh, compared to ₹973.4 lakh in Q1FY25. The results reflect stable revenue generation amidst ongoing operational adjustments and regulatory proceedings related to wind farm projects.

The Board of Directors approved the unaudited standalone and consolidated financial results during its meeting held on August 7, 2026, pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were reviewed by M/s. Dewan P.N. Chopra & Co., Chartered Accountants, the statutory auditors of the company. The Board also approved the re-appointment of Ms. Madhurima Sayan Das (DIN: 06387873) as an Independent Director for a second term of one year, effective September 5, 2026, subject to shareholder approval.

Financial Performance Highlights

Standalone revenue from operations remained relatively flat at ₹7,434.7 lakh, slightly up from ₹7,155.9 lakh in Q1FY25. However, consolidated revenue from operations declined to ₹8,141.0 lakh from ₹8,262.5 lakh in the prior year quarter. EBITDA on a standalone basis was ₹1,586.5 lakh, marginally higher than the ₹1,554.8 lakh recorded in Q1FY25. Consolidated EBITDA decreased to ₹2,100.9 lakh from ₹2,200.0 lakh in the corresponding period.

Rights Issue and Corporate Developments

The company confirmed there has been no deviation in the use of proceeds from its rights issue, which aggregated up to ₹1,250 crore. The Board had approved the issuance of 10,41,10,712 equity shares at ₹120 per share, resulting in an aggregate issue size of ₹1,249.33 crore. The issue period ran from August 6, 2025, to August 20, 2025. Additionally, the company transferred its investment of ₹275.43 lakh in Inox Renewable Services Limited to various group parties, diluting its holding from 88.84% to 88.41% as of June 30, 2026.

Regulatory and Operational Notes

Auditors highlighted matters regarding invested funds in six special purpose vehicles (SPVs) established through Inox Green Energy Services Limited (IGESL). Bank guarantees of ₹557.8 lakh were invoked after project completion dates expired, and appeals are pending before the Appellate Tribunal for Electricity (APTEL). The management believes it will recover funds once projects are commissioned. Furthermore, EPCG licenses with statutory liabilities of ₹430.6 lakh have expired, with extension applications pending. The company expects no significant impact on financial statements from these uncertainties.

What the Numbers Show

While revenue streams remained resilient, the decline in consolidated net profit and EBITDA suggests margin pressure or increased operational costs in the group entities. The flat standalone revenue against a slight dip in consolidated figures indicates that subsidiary performance may be weighing on overall group profitability. The successful completion of the large-scale rights issue provides capital flexibility, but the ongoing regulatory disputes over SPV investments remain a key risk factor requiring monitoring.

Inox Wind Limited will host a conference call for analysts and institutional investors on Friday, August 7, 2026, at 5:00 PM IST. The session is scheduled to discuss the company's unaudited financial results for the quarter ended June 30, 2026. This disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference call is being hosted by Nuvama Wealth Management Limited. Mr. Vikram Datwani serves as the call leader. Investors can join the discussion via toll-free numbers provided for India, the USA, the UK, Singapore, and Hong Kong. The dial-in details were communicated in a notice dated August 4, 2026, signed by Deepak Banga, Company Secretary.

Management Participants

Senior executives from both Inox Wind Limited and Inox Green Energy Services Limited are expected to address investor queries. The participants include:

• 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

Other senior management members may also participate in the discussion.

Conference Call Details

The following table outlines the access details for the earnings call:

For further information, investors may contact Vikram Datwani at Nuvama Wealth Management Limited via email at Vikram.Datwani@nuvama.com . The notice was submitted to both the BSE Limited and the National Stock Exchange of India Limited.