Category: All News

Inox Wind Limited (IWL) has secured a repeat turnkey order for a 200 MW wind power project from NLC India Limited, further strengthening its presence in India’s utility-scale renewable energy market.

The contract, valued at approximately ₹1,600 crore, will be executed on a turnkey basis and includes the supply of wind turbine generators, engineering, procurement and construction (EPC), as well as post-commissioning operations and maintenance (O&M) services. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA).

Following the latest award, Inox Wind’s order book has expanded to 4.7 GW, comprising a diversified customer base that includes commercial and industrial (C&I) consumers, public sector undertakings (PSUs) and independent power producers (IPPs). According to the company, this balanced portfolio enhances long-term revenue visibility while reflecting its strong position in India’s growing wind energy sector.

The repeat order reinforces Inox Wind’s capabilities in delivering large-scale turnkey wind projects and further strengthens its execution pipeline as India accelerates renewable energy capacity additions.

Commenting on the development, Sanjeev Agarwal, CEO of Inox Wind Ltd., said the repeat order from NLC India validates the company’s integrated turnkey capabilities, execution expertise and advanced wind turbine technology portfolio.

“We are delighted to have secured this repeat 200 MW turnkey order from NLC India Limited, one of India’s leading public sector enterprises in the power sector. This order is a strong validation of our integrated turnkey capabilities, execution expertise and technologically advanced product portfolio. Our strong and diversified order pipeline provides us with significant growth visibility. We look forward to working closely with NLC India Limited and successfully delivering this project within the stipulated timeline,” Agarwal said.

He added that as India advances its renewable energy transition, customers are increasingly partnering with experienced wind original equipment manufacturers (OEMs) capable of delivering projects from concept to commissioning. Agarwal said the company remains committed to supporting the country’s clean energy ambitions through operational excellence, timely project execution and long-term value creation.

Inox Wind Limited (IWL) has secured a repeat turnkey order for a 200 MW wind power project from NLC India Limited, further strengthening its presence in India’s utility-scale renewable energy market.

The contract, valued at approximately ₹1,600 crore, will be executed on a turnkey basis and includes the supply of wind turbine generators, engineering, procurement and construction (EPC), as well as post-commissioning operations and maintenance (O&M) services. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA).

Following the latest award, Inox Wind’s order book has expanded to 4.7 GW, comprising a diversified customer base that includes commercial and industrial (C&I) consumers, public sector undertakings (PSUs) and independent power producers (IPPs). According to the company, this balanced portfolio enhances long-term revenue visibility while reflecting its strong position in India’s growing wind energy sector.

The repeat order reinforces Inox Wind’s capabilities in delivering large-scale turnkey wind projects and further strengthens its execution pipeline as India accelerates renewable energy capacity additions.

Commenting on the development, Sanjeev Agarwal, CEO of Inox Wind Ltd., said the repeat order from NLC India validates the company’s integrated turnkey capabilities, execution expertise and advanced wind turbine technology portfolio.

“We are delighted to have secured this repeat 200 MW turnkey order from NLC India Limited, one of India’s leading public sector enterprises in the power sector. This order is a strong validation of our integrated turnkey capabilities, execution expertise and technologically advanced product portfolio. Our strong and diversified order pipeline provides us with significant growth visibility. We look forward to working closely with NLC India Limited and successfully delivering this project within the stipulated timeline,” Agarwal said.

He added that as India advances its renewable energy transition, customers are increasingly partnering with experienced wind original equipment manufacturers (OEMs) capable of delivering projects from concept to commissioning. Agarwal said the company remains committed to supporting the country’s clean energy ambitions through operational excellence, timely project execution and long-term value creation.

Inox Wind Limited (IWL) has secured a repeat turnkey order for a 200 MW wind power project from NLC India Limited, further strengthening its presence in India’s utility-scale renewable energy market.

The contract, valued at approximately ₹1,600 crore, will be executed on a turnkey basis and includes the supply of wind turbine generators, engineering, procurement and construction (EPC), as well as post-commissioning operations and maintenance (O&M) services. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA).

Following the latest award, Inox Wind’s order book has expanded to 4.7 GW, comprising a diversified customer base that includes commercial and industrial (C&I) consumers, public sector undertakings (PSUs) and independent power producers (IPPs). According to the company, this balanced portfolio enhances long-term revenue visibility while reflecting its strong position in India’s growing wind energy sector.

The repeat order reinforces Inox Wind’s capabilities in delivering large-scale turnkey wind projects and further strengthens its execution pipeline as India accelerates renewable energy capacity additions.

Commenting on the development, Sanjeev Agarwal, CEO of Inox Wind Ltd., said the repeat order from NLC India validates the company’s integrated turnkey capabilities, execution expertise and advanced wind turbine technology portfolio.

“We are delighted to have secured this repeat 200 MW turnkey order from NLC India Limited, one of India’s leading public sector enterprises in the power sector. This order is a strong validation of our integrated turnkey capabilities, execution expertise and technologically advanced product portfolio. Our strong and diversified order pipeline provides us with significant growth visibility. We look forward to working closely with NLC India Limited and successfully delivering this project within the stipulated timeline,” Agarwal said.

He added that as India advances its renewable energy transition, customers are increasingly partnering with experienced wind original equipment manufacturers (OEMs) capable of delivering projects from concept to commissioning. Agarwal said the company remains committed to supporting the country’s clean energy ambitions through operational excellence, timely project execution and long-term value creation.

Inox Wind Limited (IWL) has secured a repeat turnkey order for a 200 MW wind power project from NLC India Limited, further strengthening its presence in India’s utility-scale renewable energy market.

The contract, valued at approximately ₹1,600 crore, will be executed on a turnkey basis and includes the supply of wind turbine generators, engineering, procurement and construction (EPC), as well as post-commissioning operations and maintenance (O&M) services. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA).

Following the latest award, Inox Wind’s order book has expanded to 4.7 GW, comprising a diversified customer base that includes commercial and industrial (C&I) consumers, public sector undertakings (PSUs) and independent power producers (IPPs). According to the company, this balanced portfolio enhances long-term revenue visibility while reflecting its strong position in India’s growing wind energy sector.

The repeat order reinforces Inox Wind’s capabilities in delivering large-scale turnkey wind projects and further strengthens its execution pipeline as India accelerates renewable energy capacity additions.

Commenting on the development, Sanjeev Agarwal, CEO of Inox Wind Ltd., said the repeat order from NLC India validates the company’s integrated turnkey capabilities, execution expertise and advanced wind turbine technology portfolio.

“We are delighted to have secured this repeat 200 MW turnkey order from NLC India Limited, one of India’s leading public sector enterprises in the power sector. This order is a strong validation of our integrated turnkey capabilities, execution expertise and technologically advanced product portfolio. Our strong and diversified order pipeline provides us with significant growth visibility. We look forward to working closely with NLC India Limited and successfully delivering this project within the stipulated timeline,” Agarwal said.

He added that as India advances its renewable energy transition, customers are increasingly partnering with experienced wind original equipment manufacturers (OEMs) capable of delivering projects from concept to commissioning. Agarwal said the company remains committed to supporting the country’s clean energy ambitions through operational excellence, timely project execution and long-term value creation.

Inox Wind Limited (IWL) has secured a repeat turnkey order for a 200 MW wind power project from NLC India Limited, further strengthening its presence in India’s utility-scale renewable energy market.

The contract, valued at approximately ₹1,600 crore, will be executed on a turnkey basis and includes the supply of wind turbine generators, engineering, procurement and construction (EPC), as well as post-commissioning operations and maintenance (O&M) services. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA).

Following the latest award, Inox Wind’s order book has expanded to 4.7 GW, comprising a diversified customer base that includes commercial and industrial (C&I) consumers, public sector undertakings (PSUs) and independent power producers (IPPs). According to the company, this balanced portfolio enhances long-term revenue visibility while reflecting its strong position in India’s growing wind energy sector.

The repeat order reinforces Inox Wind’s capabilities in delivering large-scale turnkey wind projects and further strengthens its execution pipeline as India accelerates renewable energy capacity additions.

Commenting on the development, Sanjeev Agarwal, CEO of Inox Wind Ltd., said the repeat order from NLC India validates the company’s integrated turnkey capabilities, execution expertise and advanced wind turbine technology portfolio.

“We are delighted to have secured this repeat 200 MW turnkey order from NLC India Limited, one of India’s leading public sector enterprises in the power sector. This order is a strong validation of our integrated turnkey capabilities, execution expertise and technologically advanced product portfolio. Our strong and diversified order pipeline provides us with significant growth visibility. We look forward to working closely with NLC India Limited and successfully delivering this project within the stipulated timeline,” Agarwal said.

He added that as India advances its renewable energy transition, customers are increasingly partnering with experienced wind original equipment manufacturers (OEMs) capable of delivering projects from concept to commissioning. Agarwal said the company remains committed to supporting the country’s clean energy ambitions through operational excellence, timely project execution and long-term value creation.

DCM Shriram Ltd announced its financial results for the first quarter ended June 30, 2026, reporting resilient performance despite a challenging global operating environment marked by geopolitical uncertainties, supply chain disruptions and an erratic start to the southwest monsoon. 

For Q1 FY27, the Company reported Net Revenue (Net of excise duty) of ₹3,564 crore, up 9% year-on-year, while PBDIT increased 12% to ₹364 crore. Profit After Tax (PAT) stood at ₹693 crore, compared to ₹114 crore in the corresponding quarter last year. PAT includes positive tax adjustment of Rs 474.3 crores on account of favorable judgements from Income Tax authority relating to previous years and one-time exceptional items of Rs. 79.4 crores of profit on sale of land and stake sale for JV formation. Excluding these, the effective normal PAT for the quarter was ₹147 crore. 

The increase in revenues was contributed by chemicals (up by 33% YoY) and Fenesta Building Systems (up by 22% YoY). The increase in PBDIT was contributed by the Chemicals & Vinyl segment (up by 30%).

Commenting on the performance for the quarter ending June 2026, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director and Mr. Vikram Shriram, Vice Chairman & Managing Director, said, “The first quarter of FY27 tested the global economy with complex mix of geopolitical uncertainties. The ongoing West Asia crisis has disrupted supply chains and energy markets, leading to renewed inflationary pressures and cementing expectations of a prolonged higher interest rate environment. Domestically, we have also faced a highly erratic start to the southwest monsoon, which has placed temporary pressure on rural consumption. However, the broader Indian industrial narrative remains robust, supported by strong domestic fundamentals.

The Chemicals business delivered a resilient performance despite a challenging global environment. Domestic caustic soda demand remained healthy, while advanced materials operations continued to contribute with steadily improving utilization rates. Our downstream integration initiatives remain on track, with Aluminum Chloride and Calcium Chloride projects under pre-commissioning trials, further strengthening the portfolio and driving long-term value creation.

The Sugar and Ethanol businesses are stable with lower domestic sugar inventories. Global sugar deficit has led to increase in global prices. However, the long-term viability of the sector, particularly the ethanol blending ecosystem, still requires decisive and sustained government policy interventions regarding feedstock pricing and alternate usage mandates.

Our consumer-facing businesses continued to strengthen their market position during the quarter. Fenesta Building Systems delivered healthy volume-driven growth while Shriram Farm Solutions effectively managed inventory and supply chain logistics to successfully navigate a challenging monsoon-led environment.

With our major capex cycles transitioning into the commissioning phase, we are focused on capacity ramp-up, deep value-chain integration, and disciplined capital allocation. Our balance sheet remains strong, giving us resilience from external volatility and enabling us to pursue growth. Sustainability remains embedded in our growth strategy; by focusing on responsible resource utilization and driving energy efficiencies across our manufacturing footprint.” 

DCM Shriram Ltd announced its financial results for the first quarter ended June 30, 2026, reporting resilient performance despite a challenging global operating environment marked by geopolitical uncertainties, supply chain disruptions and an erratic start to the southwest monsoon. 

For Q1 FY27, the Company reported Net Revenue (Net of excise duty) of ₹3,564 crore, up 9% year-on-year, while PBDIT increased 12% to ₹364 crore. Profit After Tax (PAT) stood at ₹693 crore, compared to ₹114 crore in the corresponding quarter last year. PAT includes positive tax adjustment of Rs 474.3 crores on account of favorable judgements from Income Tax authority relating to previous years and one-time exceptional items of Rs. 79.4 crores of profit on sale of land and stake sale for JV formation. Excluding these, the effective normal PAT for the quarter was ₹147 crore. 

The increase in revenues was contributed by chemicals (up by 33% YoY) and Fenesta Building Systems (up by 22% YoY). The increase in PBDIT was contributed by the Chemicals & Vinyl segment (up by 30%).

Commenting on the performance for the quarter ending June 2026, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director and Mr. Vikram Shriram, Vice Chairman & Managing Director, said, “The first quarter of FY27 tested the global economy with complex mix of geopolitical uncertainties. The ongoing West Asia crisis has disrupted supply chains and energy markets, leading to renewed inflationary pressures and cementing expectations of a prolonged higher interest rate environment. Domestically, we have also faced a highly erratic start to the southwest monsoon, which has placed temporary pressure on rural consumption. However, the broader Indian industrial narrative remains robust, supported by strong domestic fundamentals.

The Chemicals business delivered a resilient performance despite a challenging global environment. Domestic caustic soda demand remained healthy, while advanced materials operations continued to contribute with steadily improving utilization rates. Our downstream integration initiatives remain on track, with Aluminum Chloride and Calcium Chloride projects under pre-commissioning trials, further strengthening the portfolio and driving long-term value creation.

The Sugar and Ethanol businesses are stable with lower domestic sugar inventories. Global sugar deficit has led to increase in global prices. However, the long-term viability of the sector, particularly the ethanol blending ecosystem, still requires decisive and sustained government policy interventions regarding feedstock pricing and alternate usage mandates.

Our consumer-facing businesses continued to strengthen their market position during the quarter. Fenesta Building Systems delivered healthy volume-driven growth while Shriram Farm Solutions effectively managed inventory and supply chain logistics to successfully navigate a challenging monsoon-led environment.

With our major capex cycles transitioning into the commissioning phase, we are focused on capacity ramp-up, deep value-chain integration, and disciplined capital allocation. Our balance sheet remains strong, giving us resilience from external volatility and enabling us to pursue growth. Sustainability remains embedded in our growth strategy; by focusing on responsible resource utilization and driving energy efficiencies across our manufacturing footprint.” 

DCM Shriram Ltd announced its financial results for the first quarter ended June 30, 2026, reporting resilient performance despite a challenging global operating environment marked by geopolitical uncertainties, supply chain disruptions and an erratic start to the southwest monsoon. 

For Q1 FY27, the Company reported Net Revenue (Net of excise duty) of ₹3,564 crore, up 9% year-on-year, while PBDIT increased 12% to ₹364 crore. Profit After Tax (PAT) stood at ₹693 crore, compared to ₹114 crore in the corresponding quarter last year. PAT includes positive tax adjustment of Rs 474.3 crores on account of favorable judgements from Income Tax authority relating to previous years and one-time exceptional items of Rs. 79.4 crores of profit on sale of land and stake sale for JV formation. Excluding these, the effective normal PAT for the quarter was ₹147 crore. 

The increase in revenues was contributed by chemicals (up by 33% YoY) and Fenesta Building Systems (up by 22% YoY). The increase in PBDIT was contributed by the Chemicals & Vinyl segment (up by 30%).

Commenting on the performance for the quarter ending June 2026, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director and Mr. Vikram Shriram, Vice Chairman & Managing Director, said, “The first quarter of FY27 tested the global economy with complex mix of geopolitical uncertainties. The ongoing West Asia crisis has disrupted supply chains and energy markets, leading to renewed inflationary pressures and cementing expectations of a prolonged higher interest rate environment. Domestically, we have also faced a highly erratic start to the southwest monsoon, which has placed temporary pressure on rural consumption. However, the broader Indian industrial narrative remains robust, supported by strong domestic fundamentals.

The Chemicals business delivered a resilient performance despite a challenging global environment. Domestic caustic soda demand remained healthy, while advanced materials operations continued to contribute with steadily improving utilization rates. Our downstream integration initiatives remain on track, with Aluminum Chloride and Calcium Chloride projects under pre-commissioning trials, further strengthening the portfolio and driving long-term value creation.

The Sugar and Ethanol businesses are stable with lower domestic sugar inventories. Global sugar deficit has led to increase in global prices. However, the long-term viability of the sector, particularly the ethanol blending ecosystem, still requires decisive and sustained government policy interventions regarding feedstock pricing and alternate usage mandates.

Our consumer-facing businesses continued to strengthen their market position during the quarter. Fenesta Building Systems delivered healthy volume-driven growth while Shriram Farm Solutions effectively managed inventory and supply chain logistics to successfully navigate a challenging monsoon-led environment.

With our major capex cycles transitioning into the commissioning phase, we are focused on capacity ramp-up, deep value-chain integration, and disciplined capital allocation. Our balance sheet remains strong, giving us resilience from external volatility and enabling us to pursue growth. Sustainability remains embedded in our growth strategy; by focusing on responsible resource utilization and driving energy efficiencies across our manufacturing footprint.” 

DCM Shriram Ltd announced its financial results for the first quarter ended June 30, 2026, reporting resilient performance despite a challenging global operating environment marked by geopolitical uncertainties, supply chain disruptions and an erratic start to the southwest monsoon. 

For Q1 FY27, the Company reported Net Revenue (Net of excise duty) of ₹3,564 crore, up 9% year-on-year, while PBDIT increased 12% to ₹364 crore. Profit After Tax (PAT) stood at ₹693 crore, compared to ₹114 crore in the corresponding quarter last year. PAT includes positive tax adjustment of Rs 474.3 crores on account of favorable judgements from Income Tax authority relating to previous years and one-time exceptional items of Rs. 79.4 crores of profit on sale of land and stake sale for JV formation. Excluding these, the effective normal PAT for the quarter was ₹147 crore. 

The increase in revenues was contributed by chemicals (up by 33% YoY) and Fenesta Building Systems (up by 22% YoY). The increase in PBDIT was contributed by the Chemicals & Vinyl segment (up by 30%).

Commenting on the performance for the quarter ending June 2026, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director and Mr. Vikram Shriram, Vice Chairman & Managing Director, said, “The first quarter of FY27 tested the global economy with complex mix of geopolitical uncertainties. The ongoing West Asia crisis has disrupted supply chains and energy markets, leading to renewed inflationary pressures and cementing expectations of a prolonged higher interest rate environment. Domestically, we have also faced a highly erratic start to the southwest monsoon, which has placed temporary pressure on rural consumption. However, the broader Indian industrial narrative remains robust, supported by strong domestic fundamentals.

The Chemicals business delivered a resilient performance despite a challenging global environment. Domestic caustic soda demand remained healthy, while advanced materials operations continued to contribute with steadily improving utilization rates. Our downstream integration initiatives remain on track, with Aluminum Chloride and Calcium Chloride projects under pre-commissioning trials, further strengthening the portfolio and driving long-term value creation.

The Sugar and Ethanol businesses are stable with lower domestic sugar inventories. Global sugar deficit has led to increase in global prices. However, the long-term viability of the sector, particularly the ethanol blending ecosystem, still requires decisive and sustained government policy interventions regarding feedstock pricing and alternate usage mandates.

Our consumer-facing businesses continued to strengthen their market position during the quarter. Fenesta Building Systems delivered healthy volume-driven growth while Shriram Farm Solutions effectively managed inventory and supply chain logistics to successfully navigate a challenging monsoon-led environment.

With our major capex cycles transitioning into the commissioning phase, we are focused on capacity ramp-up, deep value-chain integration, and disciplined capital allocation. Our balance sheet remains strong, giving us resilience from external volatility and enabling us to pursue growth. Sustainability remains embedded in our growth strategy; by focusing on responsible resource utilization and driving energy efficiencies across our manufacturing footprint.”