Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Audited Financial Results
Date of Board Meeting / Approval: May 29, 2026
Audit Opinion: Unmodified opinion
Auditor's Comment: Auditors issued an unmodified opinion but drew attention to Emphasis of Matters regarding investments in 6 SPVs, revenue recognition policy for unbilled O&M services of ₹11,482 Lakh, and the demerger of the Power Evacuation business.
Key Financial Highlights [Unit: ₹ Lakh]
Standalone Results:
Revenue from Operations (Q4 FY26): ₹5,345 Lakh (Q4 FY25: ₹5,276 Lakh; YoY: +1.3%)
Revenue from Operations (FY26): ₹23,848 Lakh (FY25: ₹18,938 Lakh; YoY: +25.9%)
Total Income (FY26): ₹30,383 Lakh (FY25: ₹24,207 Lakh)
Net Profit (FY26): ₹5,247 Lakh (FY25: ₹3,851 Lakh; YoY: +36.2%)
EPS - Continuing & Discontinued (FY26): ₹1.40 (FY25: ₹1.10)
EBITDA (FY26): ₹12,621 Lakh (FY25: ₹12,441 Lakh)
Other Equity (as of Mar 31, 2026): ₹1,33,002 Lakh
Cash and Cash Equivalents (as of Mar 31, 2026): ₹8,658 Lakh
Debt - Borrowings (Current) (as of Mar 31, 2026): ₹3,241 Lakh
Consolidated Results:
Revenue from Operations (FY26): ₹28,101 Lakh (FY25: ₹22,019 Lakh; YoY: +27.6%)
Total Income (FY26): ₹42,621 Lakh (FY25: ₹25,199 Lakh)
Net Profit Attributable to Owners (FY26): ₹10,239 Lakh (FY25: ₹1,980 Lakh)
EPS - Continuing & Discontinued (FY26): ₹2.73 (FY25: ₹0.57)
EBITDA (FY26): ₹20,971 Lakh (FY25: ₹12,282 Lakh)
Segment-wise Performance [Unit: ₹ Lakh]:
The company operates primarily in the Operations & Maintenance (O&M) segment for wind and solar projects.
Standalone Segment Revenue (O&M) (FY26): ₹23,848 Lakh
Consolidated Segment Revenue (O&M) (FY26): ₹24,337 Lakh
Consolidated Segment Result (O&M) (FY26): Loss of ₹1,625 Lakh
Corporate Actions:
Demerger: The demerger of the Power Evacuation business under a scheme of arrangement with Inox Renewable Solutions Limited was sanctioned by the NCLT, Ahmedabad on March 13, 2026, and became effective on May 4, 2026. Pursuant to the scheme, 122 equity shares in the resulting company (Inox Renewable Solutions Limited) will be issued for every 1000 shares held in Inox Green Energy Services Limited on the record date.
Other Significant Information:
Discontinued Operations (Power Evacuation Business):
| Particulars | Q4 FY26 | FY26 |
| Revenue | ₹304 Lakh | ₹1,456 Lakh |
| Profit/(Loss) after tax | (₹33 Lakh) | (₹91 Lakh) |
Labour Code Impact: The Group has evaluated an impact of ₹50.16 Lakhs due to the new Labour Codes effective from November 21, 2025.
Related Party Transactions: Purchases of stock-in-trade from related parties amounted to ₹1,748 Lakh for FY26.