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.
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.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback