Inox Green Energy Services' Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- Inox Green Energy Services Ltd reported a 13.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 51.0%.
- Its expenses for the quarter were down by 18.8% QoQ and up 14.3% YoY.
- The net profit decreased 12.1% QoQ and increased 375.1% YoY.
- The earnings per share (EPS) of Inox Green Energy Services Ltd stood at 0.65 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 111.73 | 129.48 | 73.98 | -13.7% | 51.0% |
Total Expenses | 71.92 | 88.59 | 62.94 | -18.8% | 14.3% |
Profit Before Tax | 39.81 | 40.89 | 11.04 | -2.6% | 260.6% |
Tax | 15.15 | 12.82 | 5.22 | 18.2% | 190.2% |
Profit After Tax | 24.66 | 28.07 | 5.19 | -12.1% | 375.1% |
Earnings Per Share | 0.65 | 0.74 | 0.13 | -12.2% | 400.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Inox Green Energy Services Ltd operates within the renewable energy sector, focusing primarily on providing operations and maintenance services for wind power projects. As a subsidiary of Inox Wind Limited, the company plays a significant role in supporting sustainable energy initiatives. Inox Green Energy Services Ltd offers comprehensive services that include regular maintenance, breakdown services, and spare parts management, thus ensuring the optimal performance of wind energy installations. Recent developments involving the company have not been provided in the available data, hence any new strategic shifts or expansions remain unidentified for this period.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Inox Green Energy Services Ltd reported a total income of ₹111.73 crores. When compared to the preceding quarter (Q2FY26), which had a total income of ₹129.48 crores, there was a quarter-over-quarter (QoQ) decline of 13.7%. However, when compared to the same quarter in the previous year (Q3FY25), where total income was ₹73.98 crores, there was a notable year-over-year (YoY) increase of 51.0%. This significant YoY growth indicates an upward trend in the company's revenue generation capabilities over the past year.
Profitability
The profitability metrics for Inox Green Energy Services Ltd in Q3FY26 reveal a profit before tax of ₹39.81 crores, slightly down from ₹40.89 crores in Q2FY26, marking a QoQ decrease of 2.6%. Compared to Q3FY25, where the profit before tax was ₹11.04 crores, there was a substantial YoY increase of 260.6%. After accounting for taxes amounting to ₹15.15 crores in Q3FY26, the profit after tax was ₹24.66 crores, representing a QoQ decline of 12.1% from Q2FY26's ₹28.07 crores, but a remarkable YoY increase of 375.1% from Q3FY25's ₹5.19 crores. The earnings per share in Q3FY26 were ₹0.65, reflecting similar trends with a QoQ decline of 12.2% from ₹0.74 in Q2FY26, and a YoY increase of 400.0% from ₹0.13 in Q3FY25.
Operating Metrics
The company's total expenses in Q3FY26 were ₹71.92 crores, which decreased by 18.8% from ₹88.59 crores in Q2FY26, demonstrating efficient cost management or potential reductions in operational scale. Compared to Q3FY25, where expenses were ₹62.94 crores, there was a 14.3% YoY increase. The tax expenses in Q3FY26 were ₹15.15 crores, up 18.2% from ₹12.82 crores in Q2FY26, and showing a significant YoY increase of 190.2% from ₹5.22 crores in Q3FY25. This reflects changes in tax obligations possibly due to increased profitability or adjustments in tax strategy.