Inox Green Energy Services Sees Significant Profit Growth

Inox Green Energy Services Sees Significant Profit Growth.webp


New Delhi, February 13 Inox Green Energy Services posted a near five-fold increase in consolidated net profit to Rs 24.66 crore for the December quarter, driven by higher revenues.

The company had reported a net profit of Rs 5.81 crore in the October-December period of the preceding 2024-25 fiscal year, it said in a filing with the stock exchange.

The company's total income rose to Rs 111.73 crore in the third quarter, from Rs 73.98 crore in the three-month period a year ago.

The board also approved the re-appointment of Mukesh Manglik as a whole-time director of the company, effective from May 19, for a further period of two years.

The proposal remains subject to shareholders' approval.

Inox Green Energy Services, a company of the INOXGFL Group, is a major wind power operation and maintenance (O&M) service provider in India.
 
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