Indowind Energy hits the roof after Q2 PAT soars 657% YoY
Indowind Energy hit an upper circuit limit of 5% at Rs 14.45 after the company’s consolidated net profit surged 656.86% to Rs 3.86 crore on 64.60% increase in net sales to Rs 14.60 crore in Q2 September 2022 over Q2 September 2021.
On a consolidated basis, profit before tax surged 587.7% year-on-year to Rs 3.92 crore in Q2 September 2022. Total expense climbed 32.4% YoY to Rs 10.35 crore in Q2 FY23.
The net profit surged 138.27% and net sales soared 88.63% in Q2 FY23 over Q1 FY23.
