
Quarterly Result30 Jan 2026, 10:53 am
Indowind Energy Reports 29.4% YoY EBITDA Growth for 9M FY26; Unveils Fund Raising, Investment Plan
AI Summary
Indowind Energy Limited, a power generation company, has announced its un-audited financial results for Q3 & 9M FY26. The company reported a 21.61% increase in total revenue and a 29.39% growth in EBITDA compared to the same period last year. The net profit stood at 24.32%. Indowind also announced a series of business updates, including an increase in authorized share capital, variation in objects of rights issue, fund raising, increase in borrowing powers, and investments. The company has also signed an in-principle agreement to acquire an operational wind power project and raised 249.42 crore through its recently completed rights issue.
Key Highlights
- Indowind reported a 29.4% YoY EBITDA growth for 9M FY26
- The company raised 249.42 crore through its rights issue
- Indowind announced a fund raising plan of up to USD 70 million
- The company has signed an in-principle agreement to acquire an operational wind power project
- Indowind announced an increase in borrowing powers to 21,500 crore