Indowind Energy Ltd consolidated Q4FY23 loss at Rs. 24.93 crores

Indowind Energy Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 4.7507 crores during the period ended March 31, 2023 as compared to Rs. 7.5744 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -24.9339 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.0615 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -2.77 for the period ended March 31, 2023 as compared to Rs. 0.01 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹4.7507 crs	₹7.5744 crs	-37.28%
Net Profit	₹-24.9339 crs	₹0.0615 crs	-40,642.93%
EPS	₹-2.77	₹0.01	-27,800.00%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.4.7507 crores during the period ended March 31, 2023 as compared to Rs.7.5912 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-24.9339 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-1.0529 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-2.77 for the period ended March 31, 2023 as compared to Rs.-0.1173 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹4.7507 crs	₹7.5912 crs	-37.42%
Net Profit	₹-24.9339 crs	₹-1.0529 crs	2,268.12%
EPS	₹-2.77	₹-0.1173	2,261.47%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.34.8586 crores during the Financial Year ended March 31, 2023 as compared to Rs.26.9955 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-19.2594 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.0.1274 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.-2.14 for the Financial Year ended March 31, 2023 as compared to Rs.0.19 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹34.8586 crs	₹26.9955 crs	29.13%
Net Profit	₹-19.2594 crs	₹0.1274 crs	-15,217.27%
EPS	₹-2.14	₹0.19	-1,226.32%

Shares of Indowind Energy Limited was last trading in BSE at Rs. 11.33 as compared to the previous close of Rs. 10.91. The total number of shares traded during the day was 90295 in over 312 trades.

The stock hit an intraday high of Rs. 11.57 and intraday low of 11.01. The net turnover during the day was Rs. 1012002.00.

Source : Equity Bulls

Keywords

IndowindEnergy Q4FY23 FY2023 ResultUpdate