Inox wind

Inox wind Q4 Result; Net Loss Widened to Rs. 192 cr

Inox wind Q4 Result; Net Loss Widened to Rs. 192 cr:

To begin with, the Inox Wind announced, its net widened to Rs. 192.17 cr on July 4th. While the company also posted its net loss of Rs. 53.56 cr in the same quarter last year.

Besides, the company’s total revenue for this quarter stood at Rs. 196.74 cr in this quarter ended on March 31st. The company also posted its revenue of Rs. 184.14 cr in the same quarter last year.

Furthermore, the company on July 4th reported its Q4FY20 result. The company’s consolidated net loss stood at Rs. 279.40 cr in this financial year. Similarly, the company also posted its consolidated net loss of Rs. 39.98 cr in the previous financial year.

Moreover, the total income declined by 6% and stood at Rs. 784.38 cr compared to the income of Rs. 1,453.99 cr in the previous financial year. 

Inox Wind Ltd, shares traded with a loss of 0.45 points reached 39.70 INR with 1.21% down. Its previous close at 40.15 INR. The company shares outstanding with 22,19,20,000.

Stock Market Update: 

Stock Market July 3rd: On Friday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 36,021.42 levels and Nifty stood traded gain with 10,607.35 levels. The Sensex raised 177.72 points with a 0.50% gain. Besides, Nifty has raised 55.65 points with a 0.53% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 6,49,889 as of July 4th, and deaths reached 18,669.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market yesterday. It raised 73.66 points with a 0.56% gain and reached a 13,288.70 level. The S&P BSE Smallcap index raised 59.57 points with a 0.47% gain and reached a 12,603.02 level. However, the Nifty Bank declined 100.80 points with a 0.46% fall and reached a 21,852.40 level. 

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