Indowind Energy Reports Strong Q2 Results, Schedules AGM for September
Indowind Energy Limited reported significant Q2 growth with consolidated revenue at ₹1,155.15 lakhs, up from ₹736.66 lakhs year-over-year. Consolidated profit after minority interest reached ₹229.45 lakhs. Standalone revenue increased by 72% to ₹879.06 lakhs, with profit after tax at ₹156.28 lakhs. The company announced its 30th AGM for September 26 and proposed appointing two new independent directors: Mr. Baskaran B R and Mr. Sridhar. Auditors issued qualified opinions on certain financial matters, including non-recognition of expected credit loss allowance and accounting treatment of claims against Suzlon Group.