Indowind Energy reports Rs 61 lakh profit in Q4 – EQ
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In Short : Indowind Energy, a leading Indian wind energy company, has announced its financial results for the fourth quarter (Q4) of FY2022-23. The company has reported a profit after tax (PAT) of Rs 61 lakh (approximately USD 82,000) for the quarter.
In Detail : The company’s total income rose to Rs 4.01 crore in the January-March period from Rs 3.93 crore in the same period a year ago. Its expenses were Rs 4.07 crore, up from Rs 3.81 crore in January-March FY23.
Indowind Energy on Tuesday reported a profit of Rs 61.50 lakh for the March quarter.
It had posted a loss of Rs 25 crore in the year-ago period, the company said in an exchange filing.
The company’s total income rose to Rs 4.01 crore in the January-March period from Rs 3.93 crore in the same period a year ago. Its expenses were Rs 4.07 crore, up from Rs 3.81 crore in January-March FY23.
Indowind Energy Limited develops wind farms, manages wind assets, and generates green power for sale to utilities and corporates.
