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Inox Wind Q4 net profit jumps over 5-fold; CEO transition announcedNet profit for the three months ended March 31 jumped to ₹190.34 crore, compared with ₹38.74 crore in the same period last year, the company said in a filing to stock exchanges.By Poonam Behura  May 30, 2025, 7:54:35 PM IST (Published)2 Min ReadInox Wind Ltd (IWL) on Friday reported a more than fivefold increase in consolidated net profit for the March quarter, supported by a sharp rise in revenues and continued execution of a robust order book.

Net profit for the three months ended March 31 jumped to ₹190.34 crore, compared with ₹38.74 crore in the same period last year, the company said in a filing to stock exchanges.

Revenue more than doubled to ₹1,310.65 crore in Q4 FY25, up from ₹569.04 crore a year earlier.

For the full financial year FY25, the company swung to a net profit of ₹437.62 crore from a loss of ₹48.16 crore in FY24, marking a significant turnaround in operational performance.

“Inox Wind continues to deliver strong results reporting its highest ever quarterly profit. I also announce that the NCLT has approved the scheme of arrangement between Inox Wind Energy and Inox Wind, which further fortifies Inox Wind’s balance sheet," said Devansh Jain, Executive Director, INOXGFL Group.

The company also announced a key leadership transition. Sanjeev Agarwal has been appointed Chief Executive Officer (CEO), effective June 1, 2025. He succeeds Kailash Lal Tarachandani, who has been elevated to Group Chief Executive Officer – Renewable Business of INOXGFL Group. Tarachandani will continue to be part of the senior management team at Inox Wind.

“Our diversified order book stands at a healthy 3.2 GW comprising of marquee customers including NTPC, CESC, NLC India, Continuum, Amplus, Hero Future Energies, amongst others. We believe that with the robust outlook for the wind industry in India, demand for wind OEMs and service providers will continue to be strong going ahead," Tarachandani said.

Order inflows for FY25 stood at 1.5 GW.

Part of the $11 billion INOXGFL Group, Inox Wind Ltd is one of India’s leading wind energy solutions providers, serving independent power producers, utilities, public sector undertakings, and corporate investors across the country.

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