Positive impactCompany
Inox Green Q2 profit rises 54%; completes payment for Wind World’s 4.5 GW O&M business
BusinessLine 4 hrs ago·13 Nov 2026, 12:39 pm
Inox Green Energy Services has reported a 54% jump in its second-quarter profit, driven by strong operational performance. The company has also successfully completed the acquisition of the operations and maintenance (O&M) business of Wind World India, which includes a portfolio of 4.5 gigawatts (GW). This strategic move expands Inox Green's footprint in the renewable energy sector, adding significant capacity to its existing service offerings.
For investors, this development signals a major step in the company's growth strategy, as it now manages a larger asset base. The completion of this acquisition, along with the recent fund raising, suggests the company is well-positioned to handle its expanded scale and invest in future projects. The focus will now be on how the management integrates the new assets and maintains operational efficiency across the larger portfolio.
Excerpt from BusinessLine
In a regulatory filing, the company said it had successfully raised ₹300 crore through a qualified institutional placement Inox Green Energy Services Ltd reported a 54 per cent year-on-year increase in consolidated profit after tax (PAT) to ₹43 crore for the second quarter of FY27. Revenue from operations rose 8.5 per…Read the original at BusinessLine
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- Category: Company.
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