Research ReportsInox Wind Q4 Results Preview— Strong Quarter Ahead; Capacity Additions Pick Up At India Level, Says Systematix
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Inox Wind Q4 Results Preview— Strong Quarter Ahead; Capacity Additions Pick Up At India Level, Says Systematix
Monitoring the execution pace and EPC completions remains crucial, given that abrupt policy changes and subdued order inflows are risks to Inox Wind, adds Systematix.
Inod Wind's consolidated Ebitda (excluding other income) is expected to reach Rs 2.57 billion during the quarter, up 152% YoY and 24% QoQ, says the brokerage.
(Photo Source: Inox Wind official website)
With the brokerages' Q4 estimates, it expects FY25 annual execution to reach 720 MW (+91% YoY) compared to management’s guidance of 800MW. Improved execution and commissioning in Q4 FY25 is expected to be driven by a pickup in EPC and continued ramp-up of manufacturing operations.