 "Inox Wind slumps on weak Q1 earnings")
Consolidated net profit for the June 2016 quarter decreased 80% to Rs 11.8 crore compared with Rs 60.4 crore in the same quarter last year.
Consolidated net sales for the quarter under review were down 33% to Rs 432.4 crore against Rs 641.8 crore in the same quarter ended June 2015.
The stock opened at Rs 168 and touched a low of Rs 161 in intra-day trade. At 10:15am, over 1.4 million shares were traded on both the stock exchanges.
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