Inox Wind Reports Revision in Stock Score Following Impressive December 2024 Quarter Results
Inox Wind has reported exceptional financial results for the December 2024 quarter, with net sales reaching Rs 911.27 crore, an 81.01% increase. The company's operating profit to interest ratio stands at 5.67 times, highlighting strong operational efficiency. Profit before tax surged to Rs 124.61 crore, up 2931.87%, while profit after tax soared to Rs 124.85 crore, a remarkable 4714.5% increase. With cash and cash equivalents at Rs 531.88 crore and favorable inventory and debtors turnover ratios, Inox Wind is well-positioned for future growth in the evolving renewable energy sector.
Inox Wind, a prominent player in the renewable energy sector, has reported impressive financial results for the December 2024 quarter, showcasing a remarkable performance amidst a competitive landscape. The company declared net sales of Rs 911.27 crore, reflecting a significant growth rate of 81.01%. This surge in sales is complemented by a robust operating profit to interest ratio, which stands at an impressive 5.67 times, indicating strong operational efficiency.The company's profitability metrics have also seen substantial improvements, with profit before tax (PBT) less other income soaring to Rs 124.61 crore, marking an extraordinary growth of 2931.87%. Additionally, the profit after tax (PAT) reached Rs 124.85 crore, a staggering increase of 4714.5%.
Inox Wind's financial health is further underscored by its highest cash and cash equivalents of Rs 531.88 crore, alongside strong inventory and debtors turnover ratios, which are at 1.65 and 1.62 times, respectively. As the renewable energy sector continues to evolve, Inox Wind's latest results position it favorably for future growth and market opportunities.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
