Inox Wind Limited delivered impressive financial performance in Q3FY26, demonstrating strong growth across key metrics and reinforcing its position in India's renewable energy sector.

Financial Performance Highlights

The company reported exceptional growth in profitability and revenue for the quarter ended December 31, 2025. Net profit surged 116% year-on-year to ₹12,633 lakh compared to ₹5,858 lakh in Q3FY25, while revenue from operations grew 17% to ₹1,08,192 lakh from ₹92,828 lakh in the corresponding period last year.

Nine-Month Performance

For the nine months ended December 31, 2025, Inox Wind maintained its strong momentum with net profit more than doubling to ₹45,989 lakh from ₹19,439 lakh in the previous year. Revenue increased 24% to ₹2,74,493 lakh compared to ₹2,21,275 lakh in the corresponding nine-month period of FY25.

Operational Efficiency and Cost Management

The company demonstrated improved operational efficiency with EBITDA growing 31% to ₹25,081 lakh in Q3FY26. Cost of materials consumed increased to ₹61,291 lakh from ₹55,634 lakh in the previous year quarter, while employee benefits expense rose to ₹3,421 lakh from ₹3,088 lakh. Finance costs increased to ₹4,202 lakh compared to ₹2,954 lakh in Q3FY25.

Employee Stock Option Scheme

The Board of Directors approved the grant of 1,83,000 stock options to eligible employees under the 'Inox Wind - Employee Stock Option Scheme 2024'. These options are convertible into an equal number of equity shares upon exercise, with pricing set at a 50% discount to the closing market price on February 12, 2026.

Business Operations and Segments

Inox Wind operates as a comprehensive wind energy solutions provider, engaged in manufacturing Wind Turbine Generators (WTG), providing erection, procurement and commissioning services (EPC), operations and maintenance services (O&M), and common infrastructure facility services for WTGs. The company treats these activities as a single business segment.

Financial Position and Capital Structure

The company's paid-up equity share capital remained at ₹1,72,824 lakh with a face value of ₹10 per share. Other equity excluding revaluation reserves stood at ₹2,89,528 lakh as of March 31, 2025. The earnings per share improved significantly to ₹0.73 in Q3FY26 from ₹0.35 in the corresponding quarter of the previous year.

Inox Wind Limited has announced that its Board of Directors will convene on February 13, 2026, to review and approve the company's financial performance for the third quarter of fiscal year 2026. The meeting will focus on considering unaudited standalone and consolidated financial results for both the quarter and nine months ended December 31, 2025.

Board Meeting Details

The company has formally notified both major stock exchanges about the upcoming board meeting in accordance with regulatory requirements.

Trading Window Restrictions

In compliance with insider trading prevention measures, Inox Wind Limited has implemented trading restrictions for its designated persons. The company's Code of Conduct, framed under SEBI (Prohibition of Insider Trading) Regulations, 2015, governs these restrictions to ensure market integrity.

Regulatory Compliance

The board meeting announcement demonstrates the company's adherence to transparency requirements under securities regulations. The notification was sent to both BSE Limited and National Stock Exchange of India Limited, ensuring all stakeholders are informed about the scheduled financial results review.

The company secretary, Deepak Banga, signed the official communication on February 6, 2026, fulfilling the regulatory obligation to provide prior intimation of board meetings that will consider financial results. This advance notice allows investors and market participants to prepare for the upcoming financial disclosure.