Following its Q3 financial release, which showed a consolidated profit after tax of ₹239 crore, up from ₹33 crore the previous year, Inox Wind’s share price increased by about 12%. With an order book of 3,286 MW, 28% more than the last year, revenues increased 96% to ₹994 crore.
Following its Q3 results report and before today’s parliamentary publication of the Union Budget 2025–2026, Inox Wind’s share price surged by about 12%. Today, Nirmala Sitharaman, the finance minister, is ready to present her seventh straight budget.
Due to a rise in sales, Inox Wind reported a notable increase in its consolidated profit after tax (PAT) to ₹239 crore on Friday. A statement issued by the corporation stated that it declared a PAT of ₹33 crore in the same quarter of the previous year.
Compared to ₹507 crore during the October–December quarter of 2023–24, the company’s consolidated sales increased by 96% to ₹994 crore. Inox Wind’s order book at the end of the third quarter of this fiscal year was 3,286 MW, 28% more than the 2,575 MW registered during the previous year.
Furthermore, in response to the excitement surrounding the government’s recent emphasis on renewable energy, Inox Wind shares have been emphasizing firms in this area and anticipating any announcements that may be connected to it.
Green technology and renewable energy are expected to receive more attention as the world approaches sustainability. In line with international sustainability goals, incentives for green bonds or Environmental, Social, and Governance (ESG) investments may also be implemented, according to Gurmeet Singh Chawla, Director of Master Capital Services Ltd.
Current Share Price of Inox Wind:
The price of Inox Wind’s shares began at ₹178.05 on the BSE today. The stock went as high as ₹188.45 and as low as ₹173.55 during the day.
Inox Wind’s share price has seen significant momentum this week, rising about 30%, according to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One. The budget day started with a gap up, and amid volatility, 170 would be viewed as immediate support and 200 as immediate resistance.
