Latest News | Indowind Energy Q4 Loss at Rs 1 Cr

New Delhi, Jun 17 (PTI) Indowind Energy Ltd on Friday posted a consolidated net loss of Rs 1.05 crore for the quarter ended March 31, 2022.

In a regulatory filing, the company said it had clocked Rs 61.26 lakh net profit in January-March 2020-21.

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However, total income during the quarter under review rose to Rs 7.59 crore from Rs 2.58 crore in the year-ago period.

Expenses soared to Rs 8.62 crore from Rs 1.93 crore a year ago.

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Chennai-based Indowind Energy is an independent power producer in the renewable energy field generating green power through dedicated wind farms.

(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)