Key Points
Inox Wind released their April to June quarter results on Saturday and recorded a jump of 65% year-on-year in their net consolidated revenue which jumped to 352.3 crore during Q1FY24 from 213 crore during the corresponding quarter last fiscal..
The company turned EBITDA positive during the quarter and reported consolidated EBITDA of 34.8 crore during the period under review from EBITDA loss of 25.7 crore during Q1FY23...
The net loss of the company narrowed to 64.8 crore during the period under review from net loss of 130 crore during the same period last fiscal..
Our team's dedication and commitment to sustainability and excellence have driven impressive results, reinforcing our position as a key player in the renewable energy sector," Devansh Jain, Executive Director, of Inox Wind said..
As we navigate through dynamic market conditions, we remain dedicated to empowering businesses and communities with technologically advanced and environmentally responsible wind energy solutions," Devansh Jain said..
