Inox Green Energy Services Limited has released its Q2 FY27 Earnings Presentation, detailing the standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026. The presentation highlights key financial performance metrics and operational achievements, including total income, EBITDA, and profit after tax, alongside updates on its renewable energy portfolio.
Q2 FY27 Financial Disclosure
Inox Green Energy Services Limited has submitted its Q2 FY27 Earnings Presentation to the stock exchanges. This document provides a comprehensive overview of the company’s financial performance for the quarter and half-year ending September 30, 2026. The presentation covers both standalone and consolidated unaudited financial results.
Key Financial Highlights
For the quarter, Inox Green reported a total income of ₹113 crores, marking a 12% increase quarter-on-quarter. EBITDA stood at ₹62.5 crores, up 10% QoQ. Profit before tax was ₹58 crores (up 7% QoQ), and profit after tax was ₹44 crores (up 7% QoQ). Cash PAT was reported at ₹58 crores, showing a 6% increase QoQ.
Portfolio and Operational Performance
The company’s machine availability for its portfolio reached 96.2% in Q2 FY27. As of September 2026, Inox Green’s portfolio stood at approximately 12.5 GWp, comprising ~10.4 GW of wind assets and ~2.1 GWp of solar assets. This includes the O&M portfolio acquired from Wind World India and an investment to acquire an additional ~2 GW of wind O&M assets.
Wind World Acquisition Update
Inox Green has completed the payment for the transfer of Wind World India’s 4.5 GW Wind O&M business through an NCLT process. Financial consolidation is expected to commence from Q3 FY27. This transaction is considered value accretive, offering significant scope for operational efficiencies. Wind World India’s O&M business generated ₹580 crores in revenue in FY26.
Group Synergies and Growth Strategy
The presentation also details the ‘ONE INTEGRATED’ strategy adopted by INOXGFL Renewables, emphasizing group synergies for growth. INOX Energy, INOX Wind, and INOX Renewable Solutions are highlighted for their roles in manufacturing, wind turbine supply, and EPC services, respectively. The company positions itself as a comprehensive O&M solutions provider for renewable energy projects, aiming for global leadership in the sector.
Renewable Sector Outlook
The document includes an outlook on the Indian renewable sector, anticipating a multi-decadal growth story. India’s per capita electricity consumption is expected to triple by 2047. Renewables already form 53% of the total installed capacity, with India targeting 500 GW of non-fossil fuel capacity by 2030 and 1,800 GW by 2047. Strong demand for wind and solar installations is projected, with an expected 8-10 GW annual wind installations in the near term.
Source: BSE
