Inox Wind Limited Announces Audited Financial Results for March 31, 2026
Inox Wind Limited announced the audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026. The Board of Directors approved the financial statements, which were audited by M/s. Dewan P N Chopra & Co. Chartered Accountants.Financial Performance Overview
The company's financial results cover the periods ended March 31, 2026, December 31, 2025, and March 31, 2025.Standalone Financial Results (In Lakhs)
The audited Standalone Statement of Financial Results highlights the following key financial metrics:| Particulars | 31-03-2026 (Audited) | 31-03-2025 (Audited) |
|---|---|---|
| Total Income (a+b) | 3,56,318 | 4,12,484 |
| Total Expenses | 3,07,934 | 3,38,905 |
| Profit for the period (Net Profit After Tax) | 38,406 | 54,746 |
| Total Comprehensive Income | 38,343 | 54,747 |
| Basic & Diluted Earnings Per Share (Rs) | 2.36 | 3.23 |
Consolidated Financial Results (In Lakhs)
The consolidated results show the total income and comprehensive income for the Group:| Particulars | 31-03-2026 (Audited) | 31-03-2025 (Audited) |
|---|---|---|
| Total Income from operations (net) | 4,56,896 | 3,70,155 |
| Total Expenses | 3,15,128 | 3,90,985 |
| Profit/(Loss) before tax | 65,911 | 55,027 |
| Profit/(Loss) after tax for the year | 44,909 | 43,505 |
| Total Comprehensive Income | 43,762 | 44,941 |
| Basic & Diluted Earnings per share (~) | 2.65 | 2.77 |
Balance Sheet Snapshot
The audited consolidated balance sheets at March 31, 2026, and March 31, 2025, reveal significant asset and liability changes:| Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| Total Assets | 12,06,776 | 8,60,556 |
| Total Equity and Liabilities | 12,06,777 | 8,60,556 |
| Total Non-Current Assets (I) | 4,45,561 | 3,86,482 |
| Total Current Assets (II) | 7,61,215 | 4,74,074 |
Cash Flow Highlights
The audited cash flow statements summarize the period's cash generation activities:| Cash Flow Component | Period Ended 31-03-2026 (Audited) | Period Ended 31-03-2025 (Audited) |
|---|---|---|
| Net cash generated from operating activities | (59,812) | 13,795 |
| Net cash generated from investing activities | (84,991) | (40,600) |
| Net cash generated from financing activities | 1,55,784 | 27,694 |
| Cash and cash equivalents at the end of the year | 13,082 | 2,101 |
Major Corporate and Operational Updates
The company reported several key developments and approvals:1. Rights Issue Proposal
The Board of Directors, at its meeting held on July 17, 2025, approved the proposal for issuing equity shares on a rights basis to eligible shareholders. The detailed terms approved by the Board on July 23, 2025, included:
- Total Rights Equity Shares: 10,41,10,712 fully paid-up equity shares.
- Face Value per share: ₹10/- each.
- Issue Price per Rights Equity Share: ₹120/- (including a premium of ₹110/- per share).
- Aggregate Issue Size: ₹1,249.33 crores.
- Rights Entitlement Ratio: 5 Rights Equity Shares for every 78 fully paid-up equity shares held by the eligible shareholders as on the Record Date (July 29, 2025).
- Issue Period: Opens on August 6, 2025 and closes on August 20, 2025.
2. Demerger and Investment
The Board of Directors approved the demerger of the Power Evacuation business of Inox Green Energy Services Limited to Inox Renewable Solutions Limited, which was sanctioned by the National Company Law Tribunal, Ahmedabad (NCLT), on March 12, 2026.
Furthermore, during the year, the Holding Company transferred its investment of ₹990 Lakhs in Inox Renewable Services Limited for an aggregating amount of ₹17,350.00 lakhs, to various parties of the group. This diluted the holding in the subsidiary from 91.90% to 88.84%.
3. Subsidiary Activity and Labor Codes
The Group also reported:
- The incorporation of four wholly-owned subsidiaries during the year: Giral Bess Private Limited on September 2, 2025, Sadia Windone Private Limited on December 5, 2025, Sadia Windtwo Private Limited on December 7, 2025, and Sadia Windthree Private Limited on January 12, 2026.
- The Group evaluated the impact of the Government of India consolidating 29 existing labour legislations into the New Labour Codes (effective November 21, 2025), amounting to an estimated impact of ₹209.01 Lakhs.
The auditors provided an opinion stating that the Annual Standalone Financial Results for the year ended March 31, 2026, give a true and fair view in conformity with applicable Indian Accounting Standards.
INOXWIND Stock Price Movement
Shares of Inox Wind Limited today slipped by 2.79% to settle at ₹93.02, closing significantly off its opening value. The stock saw high trading interest, recording a volume of 16.31 million shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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