**Inox Green shines in Q1 FY27!** * **Business Performance:** Inox Green posted strong Q1 FY27 financial results.

Total income rose 17% YoY to Rs 101 Cr, while Profit After Tax (PAT) soared 86% YoY to Rs 41 Cr.

EBITDA also grew 19% YoY to Rs 57 Cr.

The company maintained an impressive machine availability of 96.3% and manages a vast ~13.3 GWp O&M portfolio. * **Growth Drivers or Strategy:** The company leverages strong group synergies with Inox Wind (holding a 4.4 GW order book) and Inox Clean (targeting 3 GW+ annual capacity addition), ensuring long-term portfolio growth.

Its asset-light model with long-term O&M contracts (up to 25 years) provides stable cash flows. * **Recent Developments:** NCLT approved the acquisition of Wind World India's ~4.5 GW wind O&M portfolio, expected to close in Q2 FY27, promising efficiency gains.

The demerger of its power evacuation business was completed on August 1, 2026. * **Management Commentary / Outlook:** Inox Green aims to be a global leader in renewable O&M, pursuing significant organic and inorganic growth opportunities and capitalizing on India's booming renewable energy sector.