/ Inox Wind Down By close To 19% On Weak Financial Results ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 15 May 2017


Inox Wind Limited, India’s leading wind power solutions provider, recently reported its financial results and financial performance for the fourth quarter and the financial year ending 31st March 2017.

The stock has dipped by around 16.4% at Rs 168.8 per share since the company reported weak financial results. The stock has touched intraday low of Rs 162.5 per share, down by 19.53%. the stock price has lost around 30% in the past one year.

Total income from operations for the quarter was Rs 1,019 crores. EBITDA for the quarter was Rs 244 crores and PAT was Rs. 127 crores.

For the financial year ended March 2017, Revenue, EBITDA, PAT were Rs.3415 crores, Rs. 626 crores and Rs.303 crores respectively. EBITDA margins for the full year were 18.3%.

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