Inox Green Energy Q4 FY26 PAT Soars 340% to ₹28 Cr on 40% Revenue Growth
Inox Green reported a 340% YoY increase in Q4 FY26 PAT to ₹28 crore, with total income rising 40% to ₹120 crore. Full-year FY26 PAT grew 373% to ₹103 crore. The company's operational portfolio is over 13 GWp. A scheme of demerger for the evacuation infrastructure business was approved by NCLT Ahmedabad.
The substantial financial growth and the approved demerger scheme are expected to have a significant positive impact on the company's financial performance and business structure.
The company reported significant year-on-year growth in revenue, EBITDA, and profit after tax for both the quarter and the full financial year. The approval of the demerger scheme also indicates positive strategic restructuring.
Inox Green Energy Services Limited (IGESL) has announced its standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The company reported a total income of ₹120 crore for Q4 FY26, a significant 40% increase from ₹85 crore in Q4 FY25. EBITDA also saw a substantial jump of 93% YoY to ₹57 crore from ₹30 crore in the same period last year.
The company's profit before tax surged by 244% to ₹46 crore in Q4 FY26, compared to ₹13 crore in Q4 FY25. Consequently, the profit after tax (PAT) witnessed a remarkable 340% year-on-year growth, reaching ₹28 crore in Q4 FY26 from ₹6 crore in Q4 FY25. Cash PAT also grew by 327% YoY to ₹46 crore.
For the full financial year FY26, total income rose by 69% to ₹426 crore, while EBITDA grew by 71% to ₹210 crore. PAT for FY26 stood at ₹103 crore, a substantial 373% increase from ₹22 crore in FY25. Cash PAT for the full year was ₹158 crore, up 362% YoY.
Machine availability for the company's portfolio remained strong at approximately 96.5% for Q4 FY26 and averaged 96.5% for the entire FY26. The total operational portfolio of Inox Green stands at over 13 GWp, comprising approximately 10.5 GW of wind assets and the remainder being solar assets. This includes investments made to acquire 6.5 GW of operational wind O&M portfolio from two companies.
Furthermore, the Hon’ble NCLT Ahmedabad has approved the scheme of demerger of the evacuation infrastructure business from Inox Green and its subsequent merger into Inox Renewable Solutions. This strategic move is expected to result in an asset-light, annuity-based, high-margin business for Inox Green, eliminating associated depreciation and leading to higher PAT.
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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.
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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.