Inox Wind Sees 33% Growth in Q3 Revenue Driven by Higher Wind Installations

Inox Wind reported a significant rise in its financial performance for the third quarter of the 2026 fiscal year, with revenue increasing by 32.5% compared to the same period last year. The improvement was underpinned by a notable uptick in wind energy installations, contributing to stronger earnings before interest, taxes, depreciation, and amortization (EBITDA) and a higher net profit.

Revenue for Q3 FY26 stood at ₹12.07 billion (about $133.1 million), up from ₹9.11 billion in the year-ago quarter. EBITDA grew by nearly 38.5% year-on-year to ₹3.13 billion ($34.5 million), while net profit climbed around 14.4% to ₹1.27 billion ($14 million). The company recorded a 33.3% increase in wind installations to 252 MW, compared with 189 MW in the corresponding period last year, reflecting stronger project execution.

Inox Wind’s order book remained robust at 3,185 MW at the end of December 2025, with nearly equal contributions from turnkey solutions and equipment supply segments. For the first nine months of FY26, the company’s revenue rose about 38% to ₹31.53 billion, while EBITDA increased 42% to ₹8.04 billion and net profit for the period was up nearly 40%.

The company’s expanded manufacturing footprint across multiple states and its ongoing investments in new facilities underscore its efforts to sustain growth. Inox Wind is also progressing on plans to introduce larger turbine units and additional production plants, positioning itself to benefit from broader adoption of wind energy in India.