Inox Wind share price slumps over 8% after Q4 results. Should you buy, sell or hold?
New Delhi, June 1 -- Inox Wind share price declined more than 8% on Monday, 1 June, after the company reported a sharp fall in earnings for the March quarter of FY26.
The wind energy solutions provider posted a consolidated net profit of Rs.105.68 crore in the fourth quarter, down nearly 45% from Rs.190.34 crore reported in the corresponding period last year. The decline in profitability came amid higher operating expenses during the quarter.
The company's total income from operations slipped marginally to Rs.1,305.50 crore in the January-March period from Rs.1,310.65 crore a year ago. Meanwhile, total expenses increased to Rs.1,161.59 crore, compared with Rs.1,103.01 crore in the year-ago quarter.
Inox Wind noted that, despite a lackl...
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