Indowind Posts Strong EBITDA Growth in H1 FY26
POWER & RENEWABLE ENERGY

Indowind Posts Strong EBITDA Growth in H1 FY26

Indowind Energy Limited, a renewable energy company engaged in the generation and distribution of power through wind assets, has announced its unaudited financial results for Q2 and H1 FY26, delivering a strong improvement in revenue, EBITDA and profitability.

Financial Performance (Consolidated) In Q2 FY26, total revenue rose to Rs 177.4 million, up 11.46 per cent year-on-year. EBITDA increased to Rs 50.13 million, marking a 15.58 per cent rise, while EBITDA margin expanded by 32 bps to 59.32 per cent. Net profit for the quarter grew by 3.62 per cent to Rs 45.7 million.

For H1 FY26, total revenue reached Rs 2,329 million, up 25.81 per cent compared with the same period last year. EBITDA grew 30.88 per cent year-on-year to Rs 513.7 million, with margins expanding by 308 bps to 51.63 per cent. Net profit climbed to Rs 71.5 million, reflecting a 17.16 per cent increase.

Management Commentary Promoter Mr Bala Venkat Kutti said the company’s performance reflects the progress made in strengthening its wind portfolio and improving returns on its assets. He added that disciplined cost management and healthy wind conditions supported performance in the first half.

He noted that the broader renewable sector continues to see stable, growing demand from corporates, which is expected to support future growth. With long-standing experience in operations and enhanced O&M capabilities, the company aims to build further on this momentum in the coming quarters.

Indowind Energy Limited, a renewable energy company engaged in the generation and distribution of power through wind assets, has announced its unaudited financial results for Q2 and H1 FY26, delivering a strong improvement in revenue, EBITDA and profitability. Financial Performance (Consolidated) In Q2 FY26, total revenue rose to Rs 177.4 million, up 11.46 per cent year-on-year. EBITDA increased to Rs 50.13 million, marking a 15.58 per cent rise, while EBITDA margin expanded by 32 bps to 59.32 per cent. Net profit for the quarter grew by 3.62 per cent to Rs 45.7 million. For H1 FY26, total revenue reached Rs 2,329 million, up 25.81 per cent compared with the same period last year. EBITDA grew 30.88 per cent year-on-year to Rs 513.7 million, with margins expanding by 308 bps to 51.63 per cent. Net profit climbed to Rs 71.5 million, reflecting a 17.16 per cent increase. Management Commentary Promoter Mr Bala Venkat Kutti said the company’s performance reflects the progress made in strengthening its wind portfolio and improving returns on its assets. He added that disciplined cost management and healthy wind conditions supported performance in the first half. He noted that the broader renewable sector continues to see stable, growing demand from corporates, which is expected to support future growth. With long-standing experience in operations and enhanced O&M capabilities, the company aims to build further on this momentum in the coming quarters.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code