New Delhi, Feb. 17 -- Suzlon Energy and Inox Wind, engaged in the manufacturing of Wind Turbine Generators (WTGs) and providing comprehensive wind energy services, have recently announced their financial performance for the December quarter.
However, the Street reacted negatively, as the stocks remained weak following the Q3 report cards.
Inox Wind posted a revenue of Rs.1,207 crore in Q3. Although this marked a 16% year-on-year (YoY) rise, it missed analysts' consensus estimates, primarily due to lower order execution.
While execution continued to lag expectations, resulting in a topline miss, margin outperformance largely offset the impact on EBITDA, which grew 38% YoY to Rs.281 crore.
The company had earlier set the FY26 execution ...
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