Wind Power Order Book Grows as Inox Wind Profit Falls
Inox Wind's Wind Power order book stood at about 4.4 GW in July, supported by a 500 MW firm group agreement and a new 200 MW NLC India turnkey award. The backlog requires qualification because its headline size includes a broader 1.5 GW memorandum with Inox Clean, while only the initial 500 MW tranche is presently firm. Meanwhile, June-quarter profit after tax declined 34% to Rs 64 crore, profit before tax fell 31% and EBITDA declined 3%. Management is shifting toward equipment supply and expects the financial benefits to become more visible from the third quarter. The critical evidence will therefore be Wind Turbine production, project execution, cash collection, margins and conversion of memorandum-based capacity into firm orders. The pipeline provides visibility, but earnings must demonstrate its economic value.

















