Inox Wind shines on reporting many-fold jump in Q3 consolidated net profit
Inox Wind is currently trading at Rs. 172.40, up by 4.05 points or 2.41% from its previous closing of Rs. 168.35 on the BSE.
The scrip opened at Rs. 178.05 and has touched a high and low of Rs. 188.45 and Rs. 163.50 respectively. So far 2234112 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.10 on 23-Sep-2024 and a 52 week low of Rs. 106.98 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 188.45 and Rs. 130.20 respectively. The current market cap of the company is Rs. 22340.51 crore.
The promoters holding in the company stood at 48.27%, while Institutions and Non-Institutions held 24.91% and 26.82% respectively.
Inox Wind has reported net profit at Rs 59.24 crore for Q3FY25 as compared to net loss of Rs 6.85 crore for the same quarter in the previous year. Total income of the company increased by 89.39% at Rs 944.38 crore for Q3FY25 as compared to Rs 498.65 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported many-fold jump in its net profit at Rs 111.64 crore for the quarter ended December 31, 2024, as compared to Rs 1.81 crore for the same quarter in the previous year. Total income of the company increased by 96.02% at Rs 993.60 crore for Q3FY25 as compared to Rs 506.88 crore for the corresponding quarter previous year.
