Latest News | Indowind Energy Q2 Net Profit Grows to Rs 5 Crore

New Delhi, Nov 7 (PTI) Indowind Energy Ltd on Tuesday posted a rise of 29 per cent in its consolidated net profit to Rs 5 crore during September 2023 quarter, aided by increased revenues.

It had clocked Rs 3.86 crore net profit during the July-September period of preceding 2022-23 fiscal, the company said in a regulatory filing.

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The company's total revenue rose to Rs 17.95 crore from Rs 14.70 crore in the same quarter a year ago.

Its expenses were at Rs 13.93 crore as against Rs 10.78 in the year-ago quarter.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)