Inox Wind Q3 FY26: Revenue Up 24% to ₹1,238 Cr, PAT at ₹127 Cr
Inox Wind Limited reported Q3 FY26 results with consolidated total income at ₹1,238 crore, up 24% YoY. PAT stood at ₹127 crore. The company executed 252 MW and maintained an order book of approximately 3,185 MW. Guidance for FY26 includes revenue over ₹5,000 crore with 20-22% EBITDA margins.
The announcement includes key financial results, operational performance metrics, and future guidance, which are material for investors and have a significant impact on the company's stock.
The company reported strong year-on-year growth in revenue, EBITDA, and PBT, along with increased operational execution. The robust order book and positive future guidance also contribute to a positive sentiment.
Inox Wind Limited (IWL) announced its financial results for the quarter and nine months ended December 31, 2025. The company reported a consolidated total income of ₹1,238 crore for Q3 FY26, marking a 24% year-on-year increase from ₹995 crore in Q3 FY25. Consolidated EBITDA rose by 39% to ₹313 crore, and Profit Before Tax (PBT) saw a significant jump of 62% to ₹209 crore. Profit After Tax (PAT) for the quarter stood at ₹127 crore, an increase of 14% compared to ₹111 crore in the same period last year. Cash PAT grew by 38% to ₹262 crore.
Operationally, IWL executed 252 MW in Q3 FY26, a 33% increase year-on-year. The company's order book remained robust at approximately 3,185 MW as of December 31, 2025. In FY26, IWL has secured orders totaling around 600 MW from various customers and is partnering with KP Energy to develop 2.5 GW of wind projects. The company also highlighted its strong order intake visibility from Public Sector Undertakings (PSUs), Independent Power Producers (IPPs), and Commercial & Industrial (C&I) customers.
The presentation also provided guidance for FY26 and FY27, expecting revenue to exceed ₹5,000 crore with over 35% growth year-on-year in FY26, and EBITDA margins between 20-22%. For FY27, revenue is projected to grow by over 75% year-on-year with similar EBITDA margins. Key growth strategies include ramping up manufacturing facilities, commercial launch of 4X MW turbines within CY26, and consolidation of Inox Green's acquisitions. The scheme of demerger of the substation business from Inox Green and its merger into Inox Renewable Solutions is in the final stages of hearing at the Hon'ble NCLT Ahmedabad.
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Inox Wind 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 Wind Limited. Read the original for the full detail.