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4w ago

Inox Wind Shares Rally Past ₹200 on Strong Q4 Execution and Profit Jump

Approval of a merger with its renewable-energy arm promises to reduce liabilities to bolster revenue visibility.

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Inox Wind share: Nuvama ups target on Suzlon Energy peer, says this
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Overview

  • In Q4FY25 the company commissioned 236MW of wind capacity, boosting revenue by 142% year-on-year to ₹1,274.8 crore with a 19.9% operating margin.
  • Profit after tax for the quarter surged to ₹186.9 crore, while full-year FY25 net profit reached ₹448.2 crore, reversing a ₹35.7 crore loss.
  • Order inflows of 153MW lifted the order book to 3.2GW and management reiterated execution targets of 1.2GW for FY26 and 2GW for FY27.
  • Nuvama Institutional Equities raised its target price to ₹236 per share from ₹223 and maintained a Buy recommendation.
  • NCLT approval for amalgamating Inox Wind Energy will boost share count by 25% and cut ₹2,000 crore of liabilities to strengthen the balance sheet.