Consolidated total income rose 17% to ₹101 crore from ₹86 crore a year earlier. EBITDA increased 19% to ₹57 crore from ₹48 crore, while profit before tax climbed 74% to ₹54 crore. Cash PAT, which includes depreciation and deferred taxes, rose 25% to ₹55 crore.
The company said machine availability across its portfolio stood at 96.3% during the quarter. Its operations and maintenance (O&M) portfolio expanded to around 13.3 GW as of June 2026, including about 10.5 GW of wind assets and the balance in solar.
The increase follows acquisitions of operational wind O&M portfolios, strengthening Inox Green’s position as one of India’s largest renewable O&M service providers.
On the acquisition front, Inox Green said it has received approval from the National Company Law Tribunal (NCLT), Ahmedabad, to acquire Wind World India Ltd.’s 4.5 GW wind O&M portfolio. The transaction is expected to be completed in the second quarter of FY27, after which the business will be consolidated into the company’s financial statements.
The acquired portfolio services marquee customers such as Tata Group, ReNew, Greenko, Apraava Energy and Hindustan Zinc, generated ₹580 crore in revenue in FY26 and carries an annual price escalation clause of around 5%, providing better earnings visibility.
Separately, the company completed the demerger of its power evacuation business with effect from August 1, 2026, following the implementation of a scheme of arrangement approved by the NCLT.
On a standalone basis, total income from operations stood at ₹55.6 crore, compared with ₹57.7 crore a year earlier, while profit after tax increased to ₹15.5 crore from ₹8.9 crore.
Shares of Inox Green Energy Services ended 2% higher on Friday ahead of the earnings announcement. The stock is down nearly 14% so far this year.
