Inox Wind board to consider fundraising proposal on July 17

Wind energy solutions provider, Inox Wind Limited, on Monday (July 14), announced that a meeting of its board of directors is scheduled to be held on Thursday, July 17, 2025, to consider a fundraising proposal.The proposal under consideration involves raising funds by way of the issuance of equity shares or other securities through a rights issue or any other permissible mode in accordance with applicable laws. The fundraising will be subject to necessary regulatory and statutory approvals.
Inox Wind reported a more than fivefold increase in consolidated net profit for the March quarter, supported by a sharp rise in revenues and continued execution of a robust order book.
Also Read: Inox Wind shares fall after Q4 results, but analysts see up to 22% upside
Net profit for the three months ended March 31 jumped to ₹190.34 crore, compared with ₹38.74 crore in the same period last year, the company said in a filing to stock exchanges. Revenue more than doubled to ₹1,310.65 crore in Q4 FY25, up from ₹569.04 crore a year earlier.For the full financial year FY25, the company swung to a net profit of ₹437.62 crore from a loss of ₹48.16 crore in FY24, marking a significant turnaround in operational performance.

The company also announced a key leadership transition. Sanjeev Agarwal has been appointed Chief Executive Officer (CEO), effective June 1, 2025. He succeeds Kailash Lal Tarachandani, who has been elevated to Group Chief Executive Officer – Renewable Business of INOXGFL Group. Tarachandani will continue to be part of the senior management team at Inox Wind.

Also Read: Motilal Oswal sees 21% upside on Inox Wind shares on strong order book, execution

Part of the $11 billion INOXGFL Group, Inox Wind Ltd is one of India’s leading wind energy solutions providers, serving independent power producers, utilities, public sector undertakings, and corporate investors across the country.

Shares of Inox Wind Ltd ended at ₹176.35, up by ₹0.25, or 0.14%, on the BSE.