ResultsBusinessLine
Inox Green Q2 profit rises 54%; completes Wind World payment
Positive+66Company event
GreyOak summary
Inox Green Energy Services reported a 54% year-on-year increase in Q2 consolidated profit after tax to Rs 43 crore. The company successfully raised Rs 300 crore via a QIP to fund the acquisition of Wind World's O&M business. Funds were deployed towards the Rs 500 crore consideration, with the remainder intended for borrowings and corporate purposes.
What it affects
- Inox Green Energy ServicesINOXGREENPositive +66
Q2 profit rose 54% to Rs 43 crore.Rolling sentiment Positive +42
- Renewable energyPositive +66
O&M business acquisition completed partially.Rolling sentiment Positive +48
Source
Read the original at BusinessLineMore Inox Green Energy Services news
No other recent stories about Inox Green Energy Services.
All Inox Green Energy Services news →