Inox Wind delivered a strong Q3 FY26, executing 252 MW.

Revenue surged 24% YoY to ₹1,238 Cr, with EBITDA up 39% YoY to ₹313 Cr.

Profit After Tax grew 14% YoY to ₹127 Cr, and Cash PAT rose 38% YoY to ₹262 Cr.

The company boasts a robust order book of ~3.2 GW.

Management projects significant growth: FY26 revenue >₹5,000 Cr (>35% YoY) and FY27 revenue +75% YoY, maintaining 20-22% EBITDAM.

Strategies include ramping up new nacelle, hub, transformer, blade, and tower manufacturing, and launching 4X MW WTGs in CY26. In FY26, IWL secured ~600 MW in new orders from major clients and partnered with KP Energy for 2.5 GW of wind projects.

A key demerger and merger involving Inox Green and Inox Renewable Solutions is in final stages.

Strong order visibility continues from PSUs, IPPs, and C&I customers.

The focus remains on profitability, operational scaling, and capacity expansion with new product innovations driving future growth.