Inox Green Energy Services on Friday posted a nearly five-fold jump in consolidated net profit to Rs 24.66 crore for the December quarter, aided by higher income.
Inox Green Energy Services Q3 Net Profit Grows to around ₹25 Crore
Inox Green Energy Services reports Q3 net profit of around ₹25 crore, reflecting improved operational performance during the quarter
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It had reported a net profit 5.81 crore in October-December period of preceding 2024-25 financial year, the company said in an exchange filing.
The company's total income rose to Rs 111.73 crore in the third quarter, from Rs 73.98 crore in the three-month period a year ago.
The board also approved re-appointment of Mukesh Manglik as a whole-time director of the company with effect from May 19 for a further period of two years.
The proposal remains subject to shareholders' approval.
An INOXGFL Group company, Inox Green Energy Services is a major wind power operation and maintenance (O&M) service provider in India.