Inox Green Energy

Inox Green delivered a strong Q3 FY26 with total income of ₹112 croreCurrent reported value: ₹112 crore. No comparable prior figure is available in the source record. (+51Current reported value: 51. No comparable prior figure is available in the source record.% YoY), EBITDA of ₹53 croreCurrent reported value: ₹53 crore. No comparable prior figure is available in the source record. (+80% YoY), and PAT of ₹25 croreCurrent reported value: ₹25 crore. No comparable prior figure is available in the source record. (+375Current reported value: 375. No comparable prior figure is available in the source record.% YoY), driven by portfolio growth to 13.3 GWCurrent 13.3 GW. Reported change: +6.5 GW YoY. and operational efficiencies. Management guided FY27 EBITDA to exceed ₹600 croreCurrent reported value: ₹600 crore. No comparable prior figure is available in the source record., supported by the impending merger of substation assets (eliminating ~₹50 crore depreciation) and synergies from acquired wind O&M portfolios. The demerger of the substation business into Inox Renewable Solutions is in final NCLT stages, expected to close in 2-3 months. Key risk: customer site readiness delays could continue to impact equipment supply offtake, though management believes revenue guidance is more controllable than megawatt targets.