# Inox Wind profit plunges 59%, Ola Electric narrows loss in Q1

2026-08-07T15:27:10+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Inox Wind reported a 58.5% drop in consolidated net profit to Rs 44 crore for the June quarter, while revenue slipped 1.5% to Rs 814 crore. EBITDA fell 16.9% to Rs 152.4 crore and margin narrowed to 18.7% from 22.2% a year ago, indicating cost pressures. Ola Electric Mobility saw net loss narrow 21.5% to Rs 336 crore from Rs 428 crore year-on-year, though revenue declined 45% to Rs 455 crore. It raised Rs 780 crore via a Qualified Institutional Placement at Rs 35.86 per share for capex and debt repayment.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/inox-wind-q1-results-profit-slumps-59-as-margins-shrink-revenue-declines-11879573>
- news.abplive.com <https://news.abplive.com/business/ev-stock-below-rs-50-ola-electric-reports-21-lower-q1-loss-raises-rs-780-cr-1860966>

Tags: EBITDA margin, Inox Wind, profit decline, Q1 results, renewable energy, wind energy
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