Inox Wind share price jumped nearly 12% following its Q3 earnings report and leading up to the announcement of the Union Budget 2025-2026 in Parliament today. Finance Minister Nirmala Sitharaman is prepared to unveil her eighth consecutive Budget today. 

On Friday, Inox Wind disclosed a significant increase in its consolidated profit after tax (PAT) to ₹239 crore, supported by an uptick in revenues. In the equivalent quarter from the previous year, the company had reported a PAT of ₹33 crore, according to a statement released by the company.

 The consolidated revenues for the company surged by 96%, reaching ₹994 crore compared to ₹507 crore for the October-December period of 2023-24. At the conclusion of the third quarter of the current fiscal year, Inox Wind’s order book stood at 3,286 MW, which is 28% higher than the 2,575 MW recorded in the same period last year.