Inox Wind Limited reported a 24% year-on-year rise in consolidated revenue from operations to ₹4,397 crore for the financial year ended March 31, 2026, while consolidated net profit increased 3% to ₹449 crore. The company's total consolidated income for FY26 stood at ₹4,569 crore, a 23% increase from the previous year. The Board of Directors approved the audited standalone and consolidated financial results at its meeting held on May 29, 2026. Subsequently, the company held a conference call with analysts and investors on the same day to discuss the results.

Annual Financial Performance

The company's full-year results reflected strong growth across key metrics. Consolidated EBITDA for the year rose 25% to ₹1,232 crore from ₹985 crore in FY25. The company reported a consolidated cash profit after tax (PAT) of ₹1,032 crore for FY26, an increase of 28% from the previous year. On a standalone basis, net profit for the year stood at ₹54,746 lakh, compared to ₹38,406 lakh in the previous year, while standalone revenue from operations increased 11.4% to ₹3,89,640 lakh.

The following table summarises the consolidated annual financial performance:

Q4 Performance

For the quarter ended March 31, 2026, Inox Wind's consolidated results reflected a year-on-year decline across key metrics. Q4 consolidated net profit fell 44% to ₹106 crore, compared to ₹190 crore in the corresponding period of the previous year. Consolidated revenue for the quarter stood at ₹1,244 crore, against ₹1,275 crore in the same period last year. Consolidated EBITDA for the quarter decreased to ₹333 crore from ₹356 crore in Q4 FY25, with the EBITDA margin contracting to 16.04% from 19.95% in the year-ago period.

The Q4 consolidated metrics are summarised below:

Operational Highlights

The company's paid-up equity share capital increased to ₹1,728 crore as of March 31, 2026, following the rights issue of shares aggregating ₹1,249.33 crore which opened on August 6, 2025. The order book stands at approximately 3.1 GW, providing revenue visibility for over 24 months. In FY26, the company secured orders aggregating to approximately 600 MW from customers including Aditya Birla, Amplus/Gentari, Jakson, First Energy, and Leap Green. The working capital cycle improved by approximately 15 days in Q4 FY26.

The company noted that supply and commissioning of wind turbine generators against certain contracts do not require material adjustments on account of delays. The auditors drew attention to investments in six Special Purpose Vehicles (SPVs) through a subsidiary, where bank guarantees of ₹5,578 lakh were provided. The management expects to recover funds from the SPVs subject to regulatory matters and operational performance. Additionally, the company evaluated the impact of new Labour Codes, effective from November 21, 2025, at ₹209.01 lakh on its standalone financial statements.

Inox Wind Ltd witnessed a significant block trade on the National Stock Exchange (NSE), highlighting notable institutional activity in the renewable energy sector. The transaction represents a substantial movement of shares in the wind energy company.

Block Trade Details

The block trade executed on NSE involved considerable volume and value, demonstrating significant investor interest in the company's shares.

Market Significance

Block trades typically represent large institutional transactions that are executed outside the regular market to avoid impacting the stock price through regular order book trading. Such transactions often indicate strategic movements by institutional investors, mutual funds, or other large stakeholders.

The execution price of Rs 81.68 per share for this substantial volume suggests organized institutional activity in Inox Wind Ltd's stock. The transaction value of Rs 41.18 crores represents a significant monetary commitment, reflecting the scale of investor participation in this block trade.

Transaction Overview

The block trade mechanism allows for large volume transactions to be completed efficiently without causing significant price disruption in the regular trading session. This particular transaction involving over 5 million shares demonstrates the liquidity available in Inox Wind Ltd's stock and the interest from large investors in the renewable energy space.