Inox Wind Q2 net dips 40 pc to Rs 56.46 cr

Wind turbine maker Inox Wind today reported a 40 per cent drop in consolidated net profit to Rs 56.46 crore for the September quarter.
The company had posted a consolidated net profit of Rs 93.90 crore in the quarter ended September 30, 2015, Inox Wind Ltd said in a statement.
Total income from operations was Rs 800.17 crore in the second quarter of this fiscal compared to Rs 1,016.27 crore in the year ago period.
The company's net sales/income from operations decreased to Rs 797.67 crore in the quarter under review from Rs 1,013.90 crore in the year ago period, it said.

Shares of the company closed at Rs 212.65, down 0.91 per cent on BSE today.