Inox Wind January-March Profit Surges Fourfold; Names New CEO

Inox Wind Ltd.'s consolidated net profit for the March quarter surged over four times on year to ₹1.87 billion, while revenue more than doubled to ₹12.75 billion. Compared to the previous quarter, profit rose 60.2% and revenue was up 39.9%. Other income fell to ₹358.3 million from ₹413.1 million a year ago.

Total expenditure for the quarter, including finance cost, rose to ₹11.03 billion from ₹5.17 billion. However, finance cost dropped to ₹347.8 million from ₹574.7 million.

For 2024–2025, Inox Wind posted a net profit of ₹4.48 billion, rebounding from a net loss of ₹356.5 million the previous year. Full-year revenue doubled to ₹35.57 billion.

The board has appointed Sanjeev Agarwal as chief executive officer effective Sunday. He will replace Kailash Lal Tarachandani, who has been elevated to group CEO, renewable business, at the INOXGFL Group.