Interim report
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INOX WIND CIN L31901 HP2009PLC031083 Corporate Office : INOXGFL Towers , Plot No.17 , Sector - 16A , Noida - 201301 , Uttar Pradesh , India . IWL : NOI : 2026 INOX Wind Limited Tel : + 91-120-6149600 | contact@inoxwind.com Fax : + 91-120-6149610 | www.inoxwind.com 7th August , 2026 The Secretary BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 Scrip code : 539083 The Secretary National Stock Exchange of India Limited Exchange Plaza , Bandra Kurla Complex Bandra ( E ) Mumbai 400 051 Scrip code : INOXWIND Sub : Outcome of Board Meeting held on 7th August , 2026 Ref : Regulations 30 & 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( “ Listing Regulations " ) Dear Sir / Madam , We would like to inform you that the Board of Directors of the Company in their meeting held today i.e. , 7th August , 2026 , inter - alia , has approved / noted the following : 1. Unaudited Standalone and Consolidated Financial Results of the Company along with Limited Review Reports for the Quarter ended 30th June , 2026 Pursuant to Regulation 33 of the Listing Regulations , the Unaudited Standalone and Consolidated Financial Results of the Company along with Limited Review Reports issued by M / s . Dewan P.N. Chopra & Co. , Chartered Accountants , Statutory Auditors of the Company for the quarter ended on 30th June , 2026 are enclosed herewith as Annexure 1 . 2. Re - appointment of Ms. Madhurima Sayan Das ( DIN : 06387873 ) as an Independent Director of the Company Based on the recommendation of the Nomination and Remuneration Committee , the Board of Directors in their meeting held today i.e. on 7th August , 2026 , approved the re - appointment of Ms. Madhurima Sayan Das ( DIN : 06387873 ) as an Independent Director of the Company , for a second term of 1 ( one ) year w.e.f. 5th September , 2026 , subject to the approval of the shareholders of the Company . The details as required under SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 read with SEBI Master Circular No. SEBI / HO / 49 / 14 / 14 ( 7 ) 2025 - CFD - POD2 / I / 3762 / 2026 dated 30th January , 2026 are enclosed herewith as Annexure 2 . You are requested to take the above on record . The meeting of the Board of Directors commenced at 03:35 P.M. and concluded at 04:05 P.M. Thanking You Yours faithfully , For Inox Wind Limited Deepak Banga Company Secretary Encls : A / a An INOXGFL Group Company BEYOND INFINITY Registered Office : Plot No.1 , Khasra No.264 to 267 , Industrial Area , Village - Basal , Distt . Una - 174 303 , ( H.P. ) INDIA . Tel : + 91-1975-272001
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Chartered Accountants Winclsor Chncl, iSth Ffocjr, Plot No. I(:, Sector-126, Noid:t-201303. F:.i?., India Plzotxe: +')I-120-6456999, E-mail: dpncCn'clp~~ci~~dia.co~~~. Independent Auditors Review report on Standalone Unaudited Quarterly Financial Results of the Company pursuant to Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). To the Board of Directors of Inox Wind Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Inox Wind Limited ("the Company") for the quarter ended June 30, 2026 ("the Statement"), being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordai~ce with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited standalone financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Emphasis of Matter a) We draw attention to Note 2 to the statement regarding invested funds in 6 SPVs. b) We draw attention to Note 5 to the statement which describes that the supply/Commissioning of WTGs/operation and maintenance services against certain contracts does not require any material adjustment on account of delays/machine availability, if any Our conclusion is not modified with respect to the above matters. Head Omce: 57-H,(:crn11augtlt (.ircus. Nca Ileltkt- 110001.I1~~ic~f~l~oi~e~ +91-l1-2.4;12L359 irlX t.r~i.iii ifpt>ccp<<f <fpr~ctr~<ii+x c otti
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6. Other Matter a. The Statement includes the results for the quarter ended March 31, 2026 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the respective year which were subject to limited review by us. b. EPCG licenses having statutory liabilities of custom duties saved on import amounting to Rs.4,306 Lakh (including interest thereon) has expired and application for extension is pending before authorities. Further, in certain expired EPCG licenses in which export obligation has already been completed and application for EODC is filed and pending before authority. Due to unascertainable outcomes for licenses under consideration and the significance of the balance to the financial statements as a whole and the involvement of estimates and judgement in the assessment, management believes that there will be no significant impact on the statements. Our conclusion is not modified with respect to the above matter. Place of Signature: Noida Date: August 07,2026
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INOX WIND LIMITED CIN: L31901HP2009PLC031083 Website : www.inoxwind.com email:contact@inoxwind.com Registered Office: Plot No.1, Khasra No. 264 to 267, Industrial Area, Village-Basal, Distt.Una-174303, (H.P) STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2026 (Tin Lakhs) Quarter Ended Year Ended Particulars 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudited) (Unaudited) [Unaudited) (Audited) lncome a) Revenue from operation (Net of reversal &taxes) 74,347 - b) Other Income 6,103 Total Income (a+b) 80,450 1,17,252 72,243 4,12,484 Exoenses I I I I I a) Cost of materials consumed I 44.545 1 55.434 1 39.669 1 2.22.295 1 15,447 9,283 3,934 22,050 ---- c) Changes in inventories of finished goods, (9,122) 6,830 3,359 (871) d) Em~lovee benefits Ex~ense I 3.346 1 3.837 1 2.915 1 14.037 1 Total Expenses (a to h) 70,957 1 1,05,322 60,612 3,38,905 Less: Expenditure capitalised Net Expenditure 70,957 1 1,05,322 60,612 3,38,905 Profit/(Loss) Before Exceptional items 81 Tax (1-2) 9,493 11,930 11,631 73,579 Exceptional items g) Depreciation and amortization Expense Deferred Tax 1,692 1 3,175 1 2,960 1 16,494 1 1,874 1 1,595 1 1,428 [ 6,048 0 18,158 5,992 46,910 Profit for the period (5-6) 7,151 8,755 8,671 54,745 Other Comprehensive lncome ---- (a) Remeasurements of the defined benefit plans (3) 31 (1) 2 Taxation pertaining to earlier years lncome Tax on above b) Items that will be reclassified to ~rofit or loss I 1 Total Tax Expense 2,342 1 3,175 [ 2,960 [ 18,833
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INOX WIND LIMITED CIN: L31901HP2009PLC031083 Website : www.inoxwind.com email:contact@inoxwind.com Registered Office: Plot No.1, Khasra No. 264 to 267, Industrial Area, Village-Basal, Distt.Una-174303, (H.P) STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2026 Notes: 1. The Standalone Financial Results for the quarter and year ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 7, 2026. The Standalone Financial Results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. 2. The Subsidiary Company (IGESL) incorporated 6 wholly-owned step down subsidiaries (hereafter referred to as SPVs) through its subsidiary company (IGESL) , through a request for selection (Rfs) process under the Solar Energy Corporation of lndia (SECI) to set up wind farm projects. The company invested funds in the SPVs through Inter-Corporate deposits and also provided bank guarantees of Rs. 5,578 Lakh. The management believes that once the projects are commissioned and subject to pending regulatory matters and operational performance improvement, the company will be able to recover the funds from the SPVs and release the bank guarantees. However, during the preceding yea finanial year, the SPVs' project completion date had expired and applications for extensions has been rejected on 02.09.2024 and Bank Guarantee has been invoked and IGESLfurther filed the appeal before appellate authority (CERC) and the same is disposed off vide order dated 17th November 2025 and prayer of IGESL to retain or reserve the 300 MW connectivity at Bhuj-ll was rejected. The company is in the process of filing an appeal in the APTEL with condonation of delay. In annual general meeting held on September 29, 2023 & September 29,2023 of the Company and subsidiary company respectively approves that if the IGESL is unable to recover the funds provided as Inter-Corporate deposits and Bank Guarantee from the SPVs, lnox Wind Limited will bear the costs. Further during the previous year, investment in shareholding of 3 SPV has been sold by the IGESL. 3. The Company is engaged in below mentioned business activities, which is considered as a single business segment: a.Manufacturing of Wind Turbine Generators (WTG); b.Erection, procurement & commissioning services (EPC); c.0perations & Maintenance services (O&M); and d.Common infrastructure facility services for WTGs 4. During the Quarter ended 30 June 2026, 31 March 2026 & 30 June 2025, and year ended 31 March 2026 material pertaining to related parties amounting to 7 15,447 Lakh, 79,283 Lakh, 78,000 Lakh, 722,050 Lakh, respectively has been received by the Company and accounted as a purchase of stock in trade and the same has been transferred to related parties. 5. Supply/Commissioning of WTGs against certain contracts does not require any material adjustment on account of delays, if any. 6. The Board of Directors of the Company, at its meeting held on July 17, 2025, approved the proposal for issuance of equity shares of the Company on a rights basis to the eligible shareholders, for an amount aggregating up to 41,250 crores, in accordance with the applicable laws and regulations. Subsequently, the Company received in-principle approvals from the National Stock Exchange of lndia Limited (NSE) and BSE Limited (BSE) vide their letters dated July 21, 2025 and July 22, 2025, respectively. Further, the Board of Directors, at its meeting held on July 23, 2025, inter alia, considered and approved the detailed terms of the Rights Issue, as under: *Total number of Rights Equity Shares: 10,41,10,712 fully paid-up equity shares *Face Value per share: 7101- each *Issue Price per Rights Equity Share: 71201- (including a premium of 7110/- per share) *Aggregate Issue Size: 51,249.33 crores *Rights Entitlement Ratio: 5 Rights Equity Shares for every 78 fully paid-up equity shares held by the eligible shareholders as on the Record Date -July 29, 2025 *Issue Period: Opens on August 6,2025 and closes on August 20,2025 There has been no deviation in the use of proceeds of the Rights Issue, from the objects stated in the Offer document. 7.During the the Company has transferred its investment of Rs. 275.43 Lakhs in lnox Renewable Services Limited for aggregating to Rs. 4,819.99 lakhs, to various parties of the group. The transaction was approved by the Operational Directors of lnox Wind Limited vide resolution dated June 29, 2026. The holding in subsidiary has been diluted from 88.84% to 88.41% as on 30 June 2026. Furhter, due to effect of the demerger scheme between the lnox '%'t and lnox Green Energy Services Limited as approved by NCLTvide order dated 13 March 2026, the Company shareholding in IRSL is expected to reduced from 88.41% to 79.75%. However, the Company will not lost the 31, 2026 represent the difference between the audited figures in respect of the full financial year and the published unaudited figures of nine months ended December 31, 2025 respectively which was subject .> Place Noida Date: August 7, 2026
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Chartered Accountants 7LVirxrlsar Grand, 15~11 Floor, Plot No. lG, Sector-126, Noid%-201303, U.L3., India PEtone: -t"fl-120-6456993, E-11lail: dpnc@~itclpncinrlia.col~ Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of the Holding Company Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. TO THE BOARD OF DIRECTORS OF INOX WIND LIMITED 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of Inox Wind Limited ("the Parent/the holding company") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following entities:- Holding Company 1) Inox Wind Limited Subsidiaries 1) Inox Green Energy Services Limited 2) Inox Renewable Solutions Limited (earlier known as Resco Global Wind Services Limited and Resco Global Wind Services Limited) Subsidiaries of Inox Green Energv Services Limited 1) Haroda Wind Energy Private Limited 2) Suswind Power Private Limited 3) Tempest Wind Energy Private Limited 4) Vasuprada Renewables Private Limited 5) Vibhav Energy Private Limited 6) Vigodi Wind Energy Private Limited 7) Vuelta Wind Energy Private Limited 8) Khatiyu Wind Energy Private Limited 9) Ravapar Wind Energy Private Limited 10) Ripudainan U ja Private Limited 11) Wind Four Renergy Private Limited 12) I-Fox Windtechnik India Private Limited 13) Resowi Energy Private Limited
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Subsidiaries of Inox Renewable Solutions Limited 1) Marut-Shakti Energy India Limited 2) RBRK Investments Limited 3) Sarayu Wind Power (Tallimadugula) Private Limited 4) Satviki Energy Private Limited 5) Sarayu Wind Power (Kondapuralm) Private Limited 6) Vinirrmaa Energy Generation Private Limited 7) Dangri Wind Energy Private Limited 8) Dharvi Kalan Wind Energy Private Limited 9) Junachay Wind Energy Private Limited 10) Kadodiya Wind Energy Private Limited 11) Lakhapar Wind Energy Private Limited 12) Ghanikhedi Wind Energy Private Limited 13) Amiya Wind Energy Private Limited 14) Laxmansar Wind Energy Private Limited 15) Pokhran Wind Energy Private Limited 16) Waft Energy Private Limited 17) Ramsar Wind Energy Private Limited 18) Fatehgarh Wind Energy Private Limited 19) Giral BESS Private Limited (w.e.f. September 02,2025) 20) Sadla Windone Private Limited (w.e.f. December 05,2025) 21) Sadla Windtwo Private Limited (w.e.f. December 07, 2025) 22) Sadla Windthree Private Limited (w.e.f. January 12,2025) 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any mater~al misstatement. 6. Emphasis of Matter a) We draw attention to Note 5 to the statement regarding invested funds in 6 SPVs. b) We draw attention to Note 6 of the statement which states that the Company has the policy to recognise revenue from operations & maintenance (O&M) over the period of the contract on a straight-line basis. Certain O&M services are to be billed by amounting to Rs.11,212 Lakh for which services have been rendered. On the basis of the contractual tenability, and progress of i~egotiations/discussions/arbitration/litigations, the company's management expects no material adjustments in the consolidated financial statements on account of any contractual obligation and taxes & interest thereon, if any. c) We draw attention to Note 7 to the statement which describes that supply/commissioning of WTGs/ operation & maintenance services against certain contracts does not require any material adjustment on account of delays/machine availability, if any. Our conclusion is not modified with respect to the above matters. 7. Other Matter a. The Statement includes the results for the quarter ended March 31,2026 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the respective financial year which were subject to limited review by us. b. EPCG licenses having statutory liabilities of custom duties saved on import amounting to Rs.4,306 Lakh (including interest thereon) has expired and application for extension is pending before authorities. Further, in certain expired EPCG licenses in which export obligation has already been completed and application for EODC is filed and pending before authority. Due to unascertainable outcomes for licenses under
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of estimates and judgement in the assessment, management believes that there will be no significant impact on the statements. c. The consolidated Financial Results include the unaudited Financial Results of one subsidiary, whose Financial Statements reflect Group's share of Group's share of total revenue of Nil Lakh and Group's share of total net profit after tax of Rs. (0.38) Lakh for the quarter ended June 30, 2026, as considered in the consolidated Financial Results. This unaudited interim Financial Statements/ financial information have been furnished to us by the Board of Directors and our opinion on the consolidated Financial Results, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on such unaudited Financial Statements. In our opinion and according to the information and explanations given to us by the Board of Directors, this Financial Statements/financial information are not material to the Group. Our conclusion on the Statement is not modified with respect to the above matter. Place of Signature: Noida Date: August 37, 2026
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lnox Wind Limited CIN: L31901HP2009PLC031083, website: www.inoxwind.com, email: contact@inoxwind.com Registered Office: Plot No.1, Khasra No. 264 to 267, Industrial Area, Village-Basal, Distt.Una-174303, (H.P) STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2026 (3 in Lakhs) c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -pp-pp d) EPC, O&M, and Common Infrastructure Facility Expenses ------ e) Employee benefits expense -- f) Finance costs g) Depreciation and amortization expense (7,674) 11,871 5,028 5,678 5,861 7,259 11,931 5,733 6,487 5,205 h) Other expenses - Total Expenses (a to h) 20,027 -- 1,16,159 1,16,159 1,16,159 14,391 14,391 -- - - 3,812 5,598 4,442 3,379 --- 4,866 --- 3,837 33,642 20,911 19,979 20,434 6,969 72,501 72,501 72,501 Profit/(Loss) before & tax (1-2) 9,470 ~ro'6Ir;'horn ordinary activities before tax (3-4) 9,470 Less: Expenditure capitalised ---- Net Expenditure Share of loss of associates Net Expenditure --.- 52,523 3,90,985 3,90,985 3,90,985 77,700 77,700 13,755 65,911 - ./ 13,755
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lnox Wind Limited ClN: L31901HP2009PLC031083, website: www.inoxwind.com, email: contact@inoxwind.com Registered Office: Plot No.1, Khasra No. 264 to 267, Industrial Area, Village-Basal, Distt.Una-174303, (H.P) STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2026 (P in Lakhs) I Quarter Ended I 1 Particulars 1 30-06-2026 1 31-03-2026 1 30-06-2025 1 31-03-2026 1 (Unaudited) (Unaudited) (Unaudited) (Audited) Tax Ex~enSe a) Current Tax 8 4 1 2 5 74 --- b) MAT Credit Entitlement c) Deferred Tax 3,053 3,782 3,996 20,928 d) Taxation pertaining to earlier years I - I - I - I - 1 Total Provision for Taxation (a to c) I 3,061 1 3,823 1 4,021 1 21,002 1 Profit/(Loss) after tax from continuing operations (5-6) a) Profit/(Loss) for the period from discontinued operations b) Tax credit from discontinued operations Profit/(loss) after tax for the periodlyear from discontinued operations Profit/(loss) after tax for the periodlyear (7+8) 6,409 10,568 9,734 44,909 I u I I Other comprehensivce income I (a) Remeasurements of the defined benefit plans 1 48 14 43 Income Tax on Above 121 161 111) (b)Net fair value gain on investments in debt instruments at FVTOCI .. lncome Tax on Above Other Comprehensive income from discontinued operations ms that will not be reclassified to profit or loss %&$&rement of defined benefit obligation &Lot\Q%ove Total b$%r Comprehensive Income (Net of tax) 1 46 8 32
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lnox Wind Limited CIN: L31901HP2009PLC031083, website: www.inoxwind.com, email: contact@inoxwind.com Registered Office: Plot No.1, Khasra No. 264 to 267, Industrial Area, Village-Basal, Distt.Una-174303, (H.P) STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2026 (7 in Lakhs) S.No. Particulars 11 (Unaudited) 1 (Unaudited) 1 (Unaudited) I (Audited) I I I Total Comprehensive Income for the Period Comprising Net Profit/(Loss) for the Period & Other Comprehensive lncome 19+101 31-03-2026 Quarter Ended - I I Owner of the Company I 41 1 11 18 30-06-2026 31-03-2026 12 13 30-06-2025 Profit/(Loss) for the year attributable to: Owner of the Company Non-controlling interests Other comprehensive income for the year attributable to: 14 15 (EBITDA) including discountinued operations & without 21,009 26,083 22,000 1,06,324 exceptional items 2.65 - 4,400 2,009 Non-conrolling interests Total comprehansive income for the year attributable to: --- Owner of the Company Non-conrolling interests Earning Before Interest, Tax, Depreciation & Amortization 9,125 1,442 1 4,400 5 6 13 9,166 10,587 40,522 2,010 10,586 (853) 40,504 4,406 1,447 (847) 4,419
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INOX WIND LIMITED CIN: L31901HP2009PLC031083 Website : www.inoxwind.com email:contact@inoxwind.com Registered Office: Plot No.1, Khasra No. 264 to 267, Industrial Area, Village-Basal, Distt.Una-174303, (H.P) STATEMENT OF CONSOLIDATED AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE,2026 Notes: 1. The Standalone Financial Results of the Company/Holding Company are available at the Company's website www.inoxwind.com and the websites of the Stock Exchanges, at www.bseindia.com and www.nseindia.com. Key Standalone Financial Results of the Company for the quarter ended June 30 2026 are given below: (7 in Lakhs) Particulars Profit/ (Loss) Before Tax Profit/ (Loss) Before Tax without exceptional items Net Profit / (Loss) After Tax 2. The Consolidated Financial Results for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 07, 2026. The Consolidated Financial Results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. .. . ~, ~~, -, - 3.The Group is engaged in the business of manufacture of Wind Turbine Generators ("WTG) and also provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M) and common infrastructure facility services for WTGs and development of projects for wind farms, which is considered as a single business segment and group is also engaged in power generation segment and production and sell of transformer within the group but considering the threshold as per Ind AS 108, "Operating Segment" Segment reporting is not applicable on the Group. L 3 Months ended 30-06-2026 9,493 9,493 7.151 Total Comprehensive Income Earning Before Interest, Tax, Depreciation and Amortization (EBIDTA) without exceptional items 4. The Group has recognised deferred tax assets on its unabsorbed depreciation and business losses carried forward to the extent that the Group has reasonable certainty that there will be sufficient taxable income available to realize such assets in the near future. 5. The Holding Company incorporated 6 wholly-owned step down subsidiaries (hereafter referred to as SPVs) through its subsidiary company (IGESL) ,through a request for selection (Rfs) process under the Solar Energy Corporation of India (SECI) to set up wind farm projects. The Holding company invested funds in the SPVs through Inter-Corporate deposits and also provided bank guarantees of Rs. 5,578 Lakh. The management believes that once the projects are commissioned and subject to pending regulatory matters and operational performance improvement, the company will be able to recover the funds from the SPVs and release the bank guarantees. However,during the preceding financial years, the SPVs' project completion date had expired and applications for extensions has been rejected on 02.09.2024 and Bank Guarantee has been invoked and IGESL further filed the appeal before appellate authority (CERC) and IGESL further filed the appeal before appellate authority (CERC) and the same is disposed off vide order dated 17th November 2025 and prayer of IGESL to retain or reserve the 300 MW connectivity at Bhuj-ll was rejected. The company is in the process of filing an appeal in the APTEL with condonation of delay. In annual general meeting held on September 29, 2023 &September 29, 2023 of the Company and subsidiary company respectively approves that if the IGESL is unable to recover the funds provided as Inter-Corporate deposits and Bank Guarantee from the SPVs, lnox Wind Limited will bear the costs. Further during the previous year investment in shareholding of 3 SPV has been sold by the IGESL. Months ended 31 03-2026 11,930 11,930 8.755 7,148- 15,865 6. The Group has the policy to recognise revenue from operations & maintenance (O&M) over the period of the contract on a straight-line basis. Certain O&M services are to be billed amounting to Rs 11,212 Lakh for which services have been rendered. On the basis of the contractual tenability, and progress of negotiations/discussions/arbitration/litigations, the Group's management expects no material adjustments in the consolidated financial statements on account of any contractual obligation and taxes & interest thereon, if any. During the quarter ended June 30, 2026, the revenue from operations includes high seas sales and corresponding purchases of stock-in-trade have been accounted for against such transactions. .d Corresponding 3 Months ended 30, 06-2025 11,631 11,631 8.671 8,786 18,965 Year Ended 31-03- 2026 73,579 73,579 54.746 8,670 15,548 54,747 95,524
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INOX WIND LIMITED CIN: L31901HP2009PLC031083 Website : www.inoxwind.corn ernail:contact@inoxwind.com Registered Office: Plot No.1, Khasra No. 264 to 267, Industrial Area, Village-Basal, Distt.Una-174303, (H.P) STATEMENT OF CONSOLIDATED AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE,2026 8.The lnox Green Energy Services Limited (Demerged Company ) at its meeting held on 13th November 2024 has, subject to necessary approvals/consents/sanctions, considered and approved demerger of Power Evacuation business under a scheme of arrangement amongst Demerged Company and lnox Renewable Solutions Limited (Earlier known as Resco Global Wind Services Limited) (Resulting Company) and their respective shareholders and creditors under sections 230-232 and other applicable provision of the Companies Act, 2013 (the scheme). On March, 12, 2026, Hon'ble National Company law Tribunal, Ahmedabad (NCLT) sanctioned the Scheme. The demerged Company received the certified true copy of the order on April 24,2026. Consequent upon filing of the certified copies of NCLT orders by the company and the Resulting company with the respective jurisdictional Registrar of Companies on May 04, 2026, the scheme become effective from May 04, 2026.Pursuant to the Scheme, 122 equity share in the Resulting company for every 1000 share held in the demerged company to be issued to the shareholders as on the record date. Pursuant to the scheme and due to other matters, the group have restated the financial statement and respective quarter results at consolidated level. 9. The Board of Directors of the Company, at its meeting held on July 17,2025, approved the proposal for issuance of equity shares of the Company on a rights basis to the eligible shareholders, for an amount aggregating up to 71,250 crores, in accordance with the applicable laws and regulations. Subsequently, the Company received in-principle approvals from the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) vide their letters dated July 21,2025 and July 22,2025, respectively. Further, the Board of Directors, at its meeting held on July 23,2025, inter alia, considered and approved the detailed terms of the Rights Issue, as under: -Total number of Rights Equity Shares: 10,41,10,712 fully paid-up equity shares -Face Value per share: 4101- each *Issue Price per Rights Equity Share: 41201- (including a premium of 41101- per share) *Aggregate Issue Size: 71,249.33 crores *Rights Entitlement Ratio: 5 Rights Equity Shares for every 78 fully paid-up equity shares held by the eligible shareholders as on the Record Date -July 29, 2025 *Issue Period: Opens on August 6,2025 and closes on August 20,2025 There has been no deviation in the use of proceeds of the Rights Issue, from the objects stated in the Offer document. l0.During the quarter ended June 30,2026, March 31 2026, June 30 2025 and year ended March 31 2026, revenue from operations includes high seas sales amounting to 1539.63 Lakh, 73,657 lakh., Nil, 4 16,397 Lakh made to a related party. Corresponding purchases of stock-in-trade have been accounted for against these transactions. 11. During the period, the Company has transferred its investment of Rs. 275.43 Lakhs in lnox Renewable Services Limited for aggregating to Rs. 4,819.99 lakhs, to various parties of the group. The transaction was approved by the Operational Committee of the Board of Directors of lnox Wind Limited vide resolution dated June 29,2026. The holding in subsidiary has been diluted from 88.84% to 87.98% and the Company has not lost the control as defined in Ind As 110. 12. Figures for the quarter ended March 31,2026 represent the difference between the audited figures in respect of the full financial year and the published unaudited figures of nine months ended December 31,2025 respectively which was subject to limited review by the Auditors. 13.During the quarter, the Company has transferred its investment of Rs. 275.43 Lakhs in lnox Renewable Services Limited for aggregating to Rs. 4,819.99 lakhs, to various parties of the group. The transaction was approved by the Operational Committee of the Board of Directors of lnox Wind Limited vide resolution dated June 29, 2026. The holding in subsidiary has been diluted from 88.84% to 88.41% as on 30 June 2026. Furhter, due to effect of the demerger scheme between the lnox Renewable Solutions Limited and lnox Green Energy Services Limited as approved by NCLT vide order dated 13 March 2026, the Company shareholding in IRSL is expected to reduced from 88.41% to 79.75%. However, the Company will not lost the controlled as defined in Ind As 110. Place Noida Date: August 7, 2026 For and on behalf of the Board of Directors forhox *d ~td . -
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Annexure 2 S. No. Disclosure requirement Details 1. Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise Re-appointment of Ms. Madhurima Sayan Das (DIN: 06 387873) as a n Independent Director. 2. Date of appointment/ re -appointment/ cessation (as applicable) & term of appointment/ re-appointment Re-appointed as a n Independent Director w.e.f. 5th September, 2026 , for a second term of 1 (one) year, subject to approval of the shareholders of the Company. 3. Brief profile (in case of appointment) Ms. Madhurima Sayan Das has over three decades of experience in financial advisory services, with a focus on mergers and acquisitions across sectors including information technology, consumer, industrial, financial services, media, and others. Her experience covers fundraising, buy-side and sell -side advisory, business plan reviews, pricing analysis, and transaction support including investor/ target identification, negotiations, due diligence, and transaction closure in coordination with legal and tax advisors. 4. Disclosure of relationships between directors (in case of appointment of a director) Ms. Madhurima Sayan Das is not related to any of the Directors of the Company. 5. Information as required under Circular No. LIST/COMP/14/2018 -19 and NSE/CML/2018/02 dated June 20, 2018 issued by the BSE and NSE, respectively Ms. Madhurima Sayan Das is not debarred from holding office of a director by virtue of any SEBI Order or any other such authority.