Inox Wind Energy touches roof on turning black in Q1FY25
Inox Wind Energy is currently trading at upper limit of Rs. 9023.20, up by 820.25 points or 10.00% from its previous closing of Rs. 8202.95 on the BSE.
The scrip opened at Rs. 8600.05 and has touched a high and low of Rs. 9023.20 and Rs. 8551.45 respectively. So far 3920 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 9023.20 on 12-Aug-2024 and a 52 week low of Rs. 2365.85 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 9023.20 and Rs. 7859.00 respectively. The current market cap of the company is Rs. 10870.77 crore.
The promoters holding in the company stood at 69.51%, while Institutions and Non-Institutions held 3.84% and 26.65% respectively.
Inox Wind Energy has reported net profit at Rs 867.22 crore for Q1FY25 as compared to net loss of Rs 0.90 crore for the same quarter in the previous year. Total income of the company reported many fold jump at Rs 885.27 crore for Q1FY25 as compared to Rs 3.08 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net profit at Rs 41.58 crore for the quarter ended June 30, 2024 as compared to net loss of Rs 65.77 crore for the same quarter in the previous year. Total income of the company increased by 84.72% at Rs 654.64 crore for Q1FY25 as compared to Rs 354.39 crore for the corresponding quarter previous year.