Inox Wind Q1 results: PAT rises to Rs 50 cr, revenue surges to Rs 651 cr

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Inox Wind Q1 results: PAT rises to Rs 50 cr, revenue surges to Rs 651 cr - Business Standard

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Also, IWL's parent, IWEL has infused Rs 900 crore recently, making the company net cash positive and strengthening the balance sheet to capitalise on the multidecadal opportunity in the Indian wind sector".

It had reported a loss of Rs 65 crore in the April-June quarter of the preceding financial year, the company said in an exchange filing.

Inox Wind Limited (IWL) on Friday posted a Rs 50 crore profit after tax during the June quarter on account of a surge in income.