StockWatch
·
Filing
Q3

Inox Wind Ltd

INOXWINDFY2613 Feb 2026
Revenue+7.9%
Net Profit+5.0%
OPM23.32%

P&L

Quarterly Consolidated

Revenue
+7.9%1.2K
Expenditure
+3.6%1.0K
Net Profit
+5.0%126.65
NPM 10.23%-1.4%EPS ₹0.73+4.3%

vs Q2 FY26

Inox Wind Ltd Delivers Strongest Ever Quarterly Performance with 24% YoY Revenue Growth

13 Feb 2026 · 13 Feb, 4:42 pm

Summary

Inox Wind Ltd, India's leading wind energy solutions provider, has announced its financial results for the quarter ended December 31, 2025. The company posted revenues of Rs 1,238 crores, up 24% YoY, and EBITDA of Rs 313 crores, up 39% YoY. The net order book stands at ~3.2 GW, providing revenue visibility of 18-24 months. IWL's strong growth guidance for FY26 & FY27 is backed by its large and well-diversified order book.

Key Highlights

  1. 1

    Revenue of Rs 1,238 cr, up 24% YoY

  2. 2

    EBITDA of Rs 313 cr, up 39% YoY

  3. 3

    EBITDA margin of 25.2%

  4. 4

    PBT of Rs 209 cr, up 62% YoY

  5. 5

    Cash PAT of Rs 262 cr, up 38% YoY

  6. 6

    Order execution of 252 MW

  7. 7

    Net order book of ~3.2 GW

  8. 8

    Consolidated revenue guidance of > Rs 5,000 crores for FY26

  9. 9

    EBITDA margin guidance of 20-22% for FY26

Management Comments

D

Devansh Jain

Executive Director, INOXGFL Group

At INOXGFL Group, all our renewable companies are primed for massive growth in the years ahead. I believe Inox Wind will continue to deliver strong performance and execution, while the large-scale O&M portfolio expansion of Inox Green further adds to consolidated profitability. Further, rapid growth across the RE power generation and solar manufacturing businesses under Inox Clean is expected to bring in more opportunities for Inox Wind and Inox Green.

K

Kailash Tarachandani

Group CEO, Renewables Business, INOXGFL Group

Another set of strong quarterly results in Q3 FY26 has set Inox Wind on course to deliver its best-ever annual financial performance in FY26. We have recalibrated our guidance for both FY26 and FY27 and are confident of delivering the same, backed by our large and well-diversified order book, strong order intake pipeline, and expanding manufacturing footprint.

S

Sanjeev Agarwal

CEO, Inox Wind

We have been able to deliver robust growth in Q3 FY26 despite on-ground challenges impacting offtake from some of our customers. Our margins continue to be strong, supported by the various initiatives which we have been undertaking in the past quarters, including our successful backward integration into cranes and transformer manufacturing. We are in discussion with multiple customers, both existing and new, to further fortify our order book, which gives us confidence to deliver on our guidance going ahead.

Informational and educational content only. Not investment advice.