Inox Wind Q4 2026 Results: PAT Falls 51% YoY, Revenue Declines 2%
Inox Wind reported a weak Q4 FY26 performance with net profit dropping 51% YoY to ₹91 crore and revenue slipping 2.4% to ₹1,244 crore. EBITDA also declined 10%, while FY26 revenue crossed ₹4,397 crore.
Inox Wind Q4 FY26 Results: Inox Wind reported a weak performance for March quarter on 29 May. Consolidated revenue from operations declined 2.4% YoY to ₹1,244 crore, while net profit fell 51% YoY to ₹91 crore.
Despite the softer quarterly earnings, the company said it remains focused on expanding its wind energy business through wind turbine generator projects, EPC contracts, operations and maintenance services, and wind farm development activities.
Inox Wind Q4 2026 Results Highlights
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Inox Wind reported consolidated revenue from operations of ₹1,244.24 crore for the quarter ended 31 March 2026, compared with ₹1,274.82 crore in the same quarter last year. Revenue declined 2.40% year-on-year but increased 3.05% from Q3 FY26.
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Total income stood at ₹1,305.50 crore in Q4 FY26, compared with ₹1,310.65 crore in Q4 FY25. On a quarter-on-quarter basis, total income increased 5.42% from ₹1,238.42 crore.
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EBITDA for Q4 FY26 stood at ₹260.83 crore, declined 10.09% from Q4 FY25 and 16.56% from Q3 FY26.
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EBITDA margin came in at 20.96% during the quarter, compared with 22.76% in Q4 FY25 and 25.89% in Q3 FY26. The moderation in margin was mainly due to higher EPC, O&M and common infrastructure facility expenses during the quarter.
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Consolidated net profit to promoters came in at ₹91 crore compared with ₹186 crore in Q4 FY25. Net profit also declined from ₹126.65 crore reported in December quarter.
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Diluted earnings per share stood at ₹0.61 compared with ₹1.17 in Q4 FY25 and ₹0.73 in Q3 FY26.
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The company stated that it remains focused on executing wind turbine generator projects, EPC contracts, operations and maintenance services, and wind farm development activities.
|
Metric |
Q4 FY26 |
Q3 FY26 |
QoQ % |
Q4 FY25 |
YoY % |
|
Revenue from Ops (₹ Cr) |
1,244.24 |
1,207.45 |
3.05% |
1,274.82 |
-2.40% |
|
Total Income (₹ Cr) |
1,305.50 |
1,238.42 |
5.42% |
1,310.65 |
-0.39% |
|
EBITDA (₹ Cr) |
260.83 |
312.59 |
-16.56% |
290.12 |
-10.09% |
|
EBITDA Margin % |
20.96% |
25.89% |
-493 bps |
22.76% |
-180 bps |
|
PAT — Owners (₹ Cr) |
91.25 |
118.85 |
-23.23% |
186.75 |
-51.13% |
|
EPS — Diluted (₹) |
0.61 |
0.73 |
-16.44% |
1.17 |
-47.86% |
Source: NSE filing, Inox Wind FY26 Consolidated Annual Results
Inox Wind Full-Year Performance Remained Strong
For FY26, Inox Wind reported consolidated revenue from operations of ₹4,397.12 crore, compared with ₹3,557.15 crore in FY25. Net profit fell to ₹405 crore from ₹447 crore in the previous year.
|
Metric |
FY26 |
FY25 |
YoY Change |
|
Revenue from Ops (₹ Cr) |
4,397.12 |
3,557.15 |
23.61% |
|
Total Income (₹ Cr) |
4,568.96 |
3,701.55 |
23.43% |
|
PAT — Owners (₹ Cr) |
405.04 |
447.12 |
-9.40% |
|
Operating Cash Flow (₹ Cr) |
-598.12 |
137.95 |
Negative |
|
EPS — Basic (₹) |
2.65 |
2.77 |
-4.33% |
Inox Wind Dividend 2026 & Inox Wind Share Price Today
As of 29 May, 3.30 PM
Inox Wind did not recommend any dividend for FY26 along with its results announcement. Ahead of the earnings release on 29 May 2026, Inox Wind shares closed 2.79% lower. On a year-to-date (YTD) basis, Inox Wind stock price declined by around 30%. Over the longer term, Inox Wind shares are down nearly 50% between 29 May 2025 and 29 May 2026, reflecting pressure on the stock.
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