Electric Utilities company Inox Green Energy Services announced Q2FY25 results Machine availability for the portfolio averaged 96.4% in Q2FY25. Revenue of Rs 64 crore in Q2FY25 vs Rs 58 crore in Q2FY24. EBIDTA of Rs 34 crore in Q2FY25 vs Rs 31 crore in Q2FY24. PAT of Rs 6 crore in Q2FY25 vs Rs 6 crore in Q2FY24. Cash PAT of Rs 23 crore in Q2FY25 vs Rs 20 crore in Q2FY24. O&M; portfolio stands at ~ 3.5 GW. Proposed demerger of power evacuation infrastructure (awaiting board approval) to lighten up balance sheet and significantly add value through depreciation elimination. Result PDF
Conference Call with Inox Green Energy Services Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Electric Utilities company Inox Green Energy Services announced Q1FY25 results: Machine availability for the portfolio averaged 96.2% in Q1FY25 Revenue of Rs 55 crore in Q1FY25 vs Rs 58 crore in Q1FY24 EBIDTA of Rs 30 crore in Q1FY25 vs Rs 30 crore in Q1FY24 PAT of Rs 4 crore in Q1FY25 vs Rs 3 crore in Q1FY24 O&M; portfolio stands at 3,349 MW IGESL raised Rs 1,050 crore through a mix of shares and warrants on preferential basis to promoters and other marquee investors Proposed demerger of power evacuation infrastructure (awaiting board approval) to lighten up balance sheet and significantly add value through depreciation elimination Result PDF
Conference Call with Inox Green Energy Services Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Electric Utilities company Inox Green Energy Services announced Q4FY24 results: Financial Highlights: Machine availability for the portfolio averaged 97.05% in Q4FY24 & 96.1% in FY24 Revenue of Rs 84.1 crore in Q4FY24 vs Rs 60.5 crore in Q3FY24 EBIDTA of Rs 46.5 crore in Q4FY24 vs Rs 23.7 crore in Q3FY24 PAT of Rs 21.6 crore in Q4FY24 vs Rs 0.8 crore in Q3FY24 O&M; portfolio stands at >3.2 GW I-Fox Windtechnik receives LoA from NLC India for restoration of 33 WTGs. This is a value added services contract which will add to the revenues for FY25. Result PDF