Inox Green Energy Q3 FY26 Profit After Tax Surges 375% to ₹25 Crore
Inox Green Energy reported a 375% year-on-year increase in profit after tax to ₹25 crore for Q3 FY26. Total income rose 51% to ₹112 crore, and EBITDA grew 80% to ₹53 crore. The company manages a portfolio of 13.3 GWp across wind and solar assets. The demerger of its substation business is in its final stages.
The substantial increase in profitability and revenue, coupled with portfolio expansion and a significant demerger process nearing completion, indicates a material positive impact on the company's financial health and operational structure.
The company reported significant year-on-year growth in key financial metrics such as profit after tax, total income, and EBITDA, indicating strong operational performance and positive business momentum.
Inox Green Energy Services Limited (IGESL) announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported a significant year-on-year growth, with total income reaching ₹112 crore in Q3 FY26, a 51% increase from ₹74 crore in Q3 FY25. EBITDA saw an 80% jump to ₹53 crore, and profit before tax grew by 261% to ₹40 crore.
Profit after tax for the quarter surged by an impressive 375% to ₹25 crore, compared to ₹5 crore in the same period last year. Cash PAT also rose by 116% to ₹51 crore from ₹23 crore year-on-year. The company maintained strong operational efficiency, with machine availability at 96.5% for the quarter. IGESL's total managed portfolio stands at approximately 13.3 GWp, comprising around 10 GW of wind assets and 3.3 GWp of solar assets. This includes recent investments to acquire 6.5 GW of operational wind O&M portfolio. The scheme of demerger of the substation business is in its final stages of hearing at the National Company Law Tribunal (NCLT) Ahmedabad.
For the nine-month period ended December 31, 2025, total income increased by 76% to ₹339 crore, and EBITDA grew by 64% to ₹153 crore. Profit after tax for the nine months reached ₹75 crore, a substantial 552% increase from ₹12 crore in the prior year. The company is focused on leveraging its integrated presence in the energy transition value chain, with plans for organic and inorganic growth in wind, solar, and hybrid projects.
What to do with a filing like this
Inox Green Energy Services Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Inox Green Energy Services Limited. Read the original for the full detail.