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Inox Wind Reports 24 Percent Jump in Revenue to INR 1238 Cr in Q3 FY26, PBT up by 62 Percent

Inox Wind posted strong Q3 FY26 performance with a 24 percent rise in revenue to INR 1,238 crore and a 62 percent jump in profit before tax, backed by robust order execution and a 3.2 GW order book.

February 14, 2026. By Mrinmoy Dey

Wind energy solutions provider Inox Wind (IWL) has reported a 24 percent YoY jump in its quarterly revenue to INR 1,238 crore in Q3 FY26. The company’s Profit before tax (PBT) for the quarter was up 62 percent YoY to Rs 209 crore.

In 9M FY26, the company reported a 36 percent YoY jump in revenue to INR 3,263 crore. PBT surged 84 percent to INR 516 crore.

Order execution during the quarter increased to 252 MW. The net order book stands at about 3.2 GW, providing revenue visibility of 18-24 months. The company has strong order intake visibility from multiple new and existing customers across PSU, IPP & C&I segments, as well as from group company Inox Clean, supported by its large-scale growth plans. IWL has won about 600 MW of orders in FY26 till date, the company said.

IWL's O&M subsidiary, Inox Green's O&M portfolio, stands at about 13.3 GWp, comprising about 10 GW of wind and 3.3 GWp of solar assets. Further, the scheme of demerger of Inox Green's substation business and its merger into Inox Renewable Solutions (IRSL) is in the final stages of hearing at NCLT Ahmedabad; post receipt of approval from NCLT and merger of the assets, IRSL will be automatically listed on the stock exchanges, it said.

Devansh Jain, Executive Director, INOXGFL Group, said, “At INOXGFL Group, all our renewable companies are primed for massive growth in the years ahead. I believe Inox Wind will continue to deliver strong performance and execution, while the large-scale O&M portfolio expansion of Inox Green further adds to consolidated profitability. Further, rapid growth across the RE power generation and solar manufacturing businesses under Inox Clean is expected to bring in more opportunities for Inox Wind and Inox Green. Buoyed by the fact that wind continues to be an integral part of India's renewable journey over the next decade, both Inox Wind and Inox Green are well placed to capture large-scale opportunities going ahead.”

Kailash Tarachandani, Group CEO, Renewables Business, INOXGFL Group, added, “Another set of strong quarterly results in Q3 FY26 has set Inox Wind on course to deliver its best-ever annual financial performance in FY26. We have recalibrated our guidance for both FY26 and FY27 and are confident of delivering the same, backed by our large and well-diversified order book, strong order intake pipeline, and expanding manufacturing footprint. With India's wind sector poised to deliver its best-ever capacity addition figures and moving towards 10 GW annual capacity addition in the coming years, Inox Wind is strongly placed to deliver tailor-made solutions addressing ever-evolving customer requirements.”

Sanjeev Agarwal, CEO, Inox Wind, said, “We have been able to deliver robust growth in Q3 FY26 despite on-ground challenges impacting offtake from some of our customers. Our margins continue to be strong, supported by the various initiatives which we have been undertaking in the past quarters, including our successful backward integration into cranes and transformer manufacturing. We are in discussion with multiple customers, both existing and new, to further fortify our order book, which gives us confidence to deliver on our guidance going ahead.”

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Inox wind

Inox Wind Q3 FY26 results

Inox Wind 9M FY26 results