Indowind Energy Reports Rs 61 Lakh Profit in Q4 - PTI

May 28, 2024 15:33

Indowind Energy reported a profit of Rs 61.50 lakh in Q4 FY23, a significant turnaround from a loss in the previous year. The company's revenue also increased.

Indowind Energy Reports Rs 61 Lakh Profit in Q4 - PTI

Illustration: Dominic Xavier/Rediff.com

New Delhi, May 28 (PTI) 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.

Source: PTI By Rediff Money Desk, New Delhi

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