Net profit of Inox Green Energy Services rose 60.94% to Rs 3.75 crore in the quarter ended June 2024 as against Rs 2.33 crore during the previous quarter ended June 2023. Sales declined 10.09% to Rs 50.86 crore in the quarter ended June 2024 as against Rs 56.57 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales50.8656.57 -10 OPM %33.2739.97 - PBDT15.0319.66 -24 PBT1.786.48 -73 NP3.752.33 61 Powered by Capital Market - Live News

Inox Green Energy Services will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live News

The board of Inox Green Energy Services at its meeting held on 26 June 2024 has approved to raise funds aggregating up to Rs 1,050 crore by way of preferential issue of:(i) Issue of up to 2,89,85,503 equity shares of face value of Rs 10 each of the company at an issue price of Rs 138 per share (inclusive of premium of Rs 128 per share) aggregating to Rs 400 crore to non-promoter entities. (ii) Issue of upto 4,48,27,582 convertible warrants of face value of Rs 10 each carrying a right to subscribe to one equity share of face value of Rs. lo/- each of the company at a price of Rs. 145 per warrant (including a premium of Rs 135) aggregating to Rs 650 crore to both promoter and non-promoter entities. Powered by Capital Market - Live News

Inox Green Energy Services will hold a meeting of the Board of Directors of the Company on 26 June 2024.Powered by Capital Market - Live News

Net profit of Inox Green Energy Services reported to Rs 21.32 crore in the quarter ended March 2024 as against net loss of Rs 0.57 crore during the previous quarter ended March 2023. Sales declined 7.69% to Rs 52.43 crore in the quarter ended March 2024 as against Rs 56.80 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 27.91 crore in the year ended March 2024 as against net loss of Rs 60.69 crore during the previous year ended March 2023. Sales declined 10.40% to Rs 224.26 crore in the year ended March 2024 as against Rs 250.30 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales52.4356.80 -8 224.26250.30 -10 OPM %22.0110.86 -33.3821.29 - PBDT33.9112.78 165 86.3535.86 141 PBT20.75-0.97 LP 33.40-21.70 LP NP21.32-0.57 LP 27.91-60.69 LP Powered by Capital Market - Live News