Inox Wind reports a modest decline in revenue and profit for the first quarter of FY2027, amid a strong order backlog pointing to promising future prospects despite near-term challenges.
Inox Wind reported a softer first quarter for the financial year 2027, with revenue from operations slipping to ₹8.14 billion, down about 1.5% from a year earlier. Adjusted EBITDA fell 3% to ₹2.37 billion, leaving the margin at 27.2%, while net profit dropped 34% to ₹640.9 million. Diluted earnings per share also eased, falling to ₹0.37 from ₹0.60 in the same period last year.
The latest numbers mark a cooling from the stronger performance the company posted in the comparable quarter a year earlier, when revenue climbed 29.2% and profit surged 134%, helped by higher sales volumes and better project execution, according to BusinessUpturn. Other market trackers had also noted that period’s sharper improvement in margins and earnings.
Despite the weaker quarter, Inox Wind said its order book stood at about 4.4 GW as of July 2026, spanning independent power producers, public sector undertakings, commercial and industrial buyers and retail customers. That pipeline suggests the company still has a substantial base of future work, even as near-term earnings came under pressure.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
