Focused evidence
▸ Other Q&A (0)
▸ Prepared remarks (2 blocks)
With over 200 megawatt executed in Q2 and around 350 megawatt in H1, we are on the track to achieve our guidance for the full year, with H2 generally being 70% of the annual execution.
On consolidated basis, Inox Wind has reported a revenue of 1,162 crores, an increase of 56% YOY, EBITDA of Rs. 271 crores, an increase of 48% YOY, PAT of Rs. 121 crores, an increase of 43% YO Y, cash profit of Rs. 220 crores, an increase of 66% YO Y. Execution for the quarters stood at 202 megawatt, taking the total execution of the first half of FY26 to around 350 megawatt.
we have a large and very diversified order book, which currently stands at over 3.2 gigawatt.
we are also discussing with multip le customers, including the group IPP, to enter into a framework agreement and partnership, which would provide long-term recurring annual orders.
Cumulatively, these arrangements, agreements, will secure upward of 1 gigawatt of annual recurring orders for Inox Wind going ahead.
We are expanding our manufacturing presence in South India by setting up a new blade and tower manufacturing facility, giving us quicker access to large sites across Karnataka, Andhra Pradesh, and Tamil Nadu.
The recently announced reduction in GST for wind components from 12% to 5% is another positive development in the increasing list of favorable policies being in place for Indian wind sector, including ALMM for wind and wind turbine components