Inox Wind on Monday said its arm has inked a share purchase agreement to sell its entire equity stake in six firms to wholly-owned subsidiary Resco Global Wind Services.
Inox Wind on Wednesday said its board has approved the issuance of preference shares worth Rs 1,100 crore to its promoters
The owner and operator of retail chain D-Mart has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the second quarter ended September 2021
With effect from Friday, the stock has been permitted to trade under 'B' group from 'T' group earlier
Inox Wind on Tuesday said it has signed a binding agreement with Integrum Energy Infrastructure for 92 mega watt (MW) of wind power projects.
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Inox Wind on Friday said its consolidated net loss widens to Rs 51.97 crore in the December quarter. It had reported Rs 27.47 crore loss in the same period a year ago. The total income rose to Rs 209.44 crore in the quarter ended December 2020 from Rs 179.76 crore a year ago, the company said in a BSE filing. "Considering that the group is in the business of Manufacturing of Wind Turbine Generator which falls under the Renewable Energy sector being the priority sector, the management believes that the impact of this (pandemic) outbreak on the business and financial position of the group will not be significant. "The management does not see any risks in the group's ability to continue as a going concern and meeting its liabilities as and when they fall due," the company said. The group is engaged in the business of manufacture of wind turbine generators and also provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M) and common .
The projects will be executed on a turnkey basis across locations in Gujarat and Karnataka
The first phase of the projects is scheduled to be commissioned in the third quarter of the ongoing fiscal, Inox Wind said in a filing to BSE.
Inox Wind is a player in the wind energy market with three manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh.
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Inox Wind said it will provide end-to-end solutions from development and construction to commissioning of the project
Consolidated net profit for the June 2016 quarter decreased 80% to Rs 11.8 crore c
Thus far in 2016, the stock has fallen 44% as compared to 7% rise in the Nifty 50 index.
The consolidated income from operations during the January-March quarter increased to Rs 1,828.65 crore
The projects will provide power to 50,000 households and curtail 0.15 million tonnes of carbon dioxide emissions annually
The company has received two contracts for a capacity of 70MW with the Adani Green Energy Ltd,
The wind energy service provider informed the BSE in a regulatory filing.