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News Details

( As on 12/02/2025 20:10)

Indowind Energy posts Q3 net profit of Rs 0.13 cr

The company reported standalone net profit during the quarter stood at Rs 0.13 crore compared to net loss of Rs 1.18 crore in the previous year quarter.

Net revenue of the company declined substantially by 24.30 per cent at Rs 5.39 crore in October-December quarter of this fiscal as against Rs 7.12 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 38.87 per cent to Rs 4.45 crore from Rs 7.28 crore in year ago period.

Other Income grew by 1600.00 per cent at Rs 0.34 crore versus (Dec'23 Rs 0.02 crore).

Operating Profit surged by 720.00 per cent to Rs 0.93 crore as against Rs -0.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 906.51 per cent in December quarter.

Interest declined by 34.38 per cent y-o-y to Rs 0.42 crore