Inox Green Energy Services on Friday posted a jump in consolidated net profit to Rs 28.35 crore during the March quarter, on account of rise in income. It had reported a net profit of Rs 6.44 crore in the year-ago period, the company said in an exchange filing. During January-March, the company's total income rose to Rs 119.48 crore from Rs 85.30 crore in the fourth quarter of 2024-25. Expenses stood at Rs 73.71 crore as against Rs 72.01 crore in the last quarter of FY25. Inox Green Energy Services Ltd (INOX Green) is a major wind power operation and maintenance (O&M) service provider within India.
Inox Clean Energy acquires Macquarie-owned Vibrant Energy for about ₹5,000 crore, boosting its portfolio and strengthening its presence in the C&I renewable segment
The acquisition will be carried out through group companies -- Inox Clean Energy Ltd.'s subsidiary, Inox Neo Energies and Inox Green Energy Services Ltd
Stocks to buy today: Osho Krishan, chief manager - technical & derivatives research, Angel One, has recommended buying shares of IDBI Bank, and Inox Green Energy Services today
Inox Clean Energy ties up ₹3,100 crore equity from global and domestic investors to fund IPP growth and solar manufacturing expansion, valuing the firm at ₹50,000 crore