8Inox Wind's FY26 net profit leaps 42.5% to Rs. 547.46 crore on Rs. 3,896-crore revenue; board clears Rs. 1,250-crore rights issue Inox Wind Limited reported audited FY26 revenue from operations of Rs. 3,896.4 crore, up from Rs. 3,498.74 crore a year earlier, with profit for the period rising to Rs. 547.46 crore from Rs. 384.06 crore. At its 29 May 2026 board meeting the company noted an earlier-approved proposal to raise up to Rs. 1,250 crore via a rights issue. The results also flagged an APTEL appeal Inox Green is pursuing after rejection of its plea to retain 300 MW connectivity at Bhuj-II.
8Inox Green Energy's O&M revenue climbs to Rs. 238.48 crore in FY26 as wind services portfolio expands Inox Green Energy Services Limited reported audited FY26 revenue from operations of Rs. 238.48 crore, up from Rs. 189.38 crore the previous year, with operations-and-maintenance and common-infrastructure expenses of Rs. 122.29 crore. The board, meeting on 29 May 2026, recognised straight-line O&M revenue over contract periods, including Rs. 114.82 crore of services rendered, underscoring the wind-services arm's growing recurring-revenue base.
8IREDA posts Rs. 1,873-crore FY26 net profit on record Rs. 8,309-crore revenue from operations Indian Renewable Energy Development Agency Limited reported FY26 total revenue from operations of Rs. 8,309.00 crore, up from Rs. 6,742.41 crore, and net profit after tax of Rs. 1,873.34 crore. The auditor's report, while clean on a true-and-fair basis, noted Rs. 394.00 crore of accounts kept under prudential watch. The Navratna NBFC's full standalone and consolidated financial statements run to over 250 pages.
8Schneider Electric Infrastructure closes FY26 with 27.4% order growth to Rs. 3,430 crore and Rs. 1,911-crore backlog Schneider Electric Infrastructure Limited declared audited FY26 results showing orders up 27.4% year-on-year to Rs. 3,430 crore and revenue up 9.6% to Rs. 2,891 crore, with profit before tax at 10.6% of sales (Rs. 305.8 crore). The order backlog as on 31 March 2026 jumped 50.1% year-on-year to Rs. 1,911 crore, while Q4 FY26 orders rose 1.4% to Rs. 772 crore on revenue of Rs. 590 crore.
8Techno Electric's Q4 FY26 revenue jumps 23.8% to Rs. 1,010 crore but PAT slips 15% to Rs. 115 crore Techno Electric & Engineering reported Q4 FY26 revenue of Rs. 1,010 crore, up 23.8% year-on-year, even as EBITDA rose just 4.3% to Rs. 132 crore (margin down to 13.1% from 15.5%) and PAT fell 15% to Rs. 115 crore on higher material costs. ICICI Direct retained a BUY with a target of Rs. 1,280 (19% upside), citing an unexecuted order book of about Rs. 9,600 crore and an L1 position in a further Rs. 810 crore of projects.
8RMC Switchgears posts Rs. 401.59-crore FY26 revenue, up 26.4%, with Q4 net profit of Rs. 9.30 crore RMC Switchgears Limited reported consolidated FY26 revenue of Rs. 401.59 crore, a 26.40% year-on-year rise from Rs. 317.73 crore, per a press release filed with BSE and NSE on 31 May 2026. The fourth quarter marked a turnaround with net profit of Rs. 9.30 crore, while full-year gross profit edged up to Rs. 95.06 crore for the Jaipur-based switchgear maker.
8GIPCL approves audited FY26 results and names new internal and secretarial auditors Gujarat Industries Power Company Limited's board, meeting on 28 May 2026, approved the audited financial results for the half-year and year ended 31 March 2026 and appointed M/s JHS & Associates LLP as Internal Auditor and M/s Mukesh H Shah & Co. as Secretarial Auditor for the financial year. The state-promoted generator filed the board outcome with the stock exchanges.
8MePDCL posts Rs. 40,747 lakh quarterly operating revenue for quarter ended March 2026 The Statement of Accounts of Meghalaya Power Distribution Corporation Limited for the quarter ended 31 March 2026 reports revenue from operations of Rs. 40,747.46 lakh for the quarter and Rs. 183,456.05 lakh for the full year, alongside other income of Rs. 33,078.21 lakh for the quarter. Chartered accountants Parik & Co submitted an independent auditor's limited review report for the same period.
8MePDCL's RDSS submission reports FY 2023-24 operating revenue of Rs. 1,834.6 crore and AT&C loss of 13.51% Meghalaya Power Distribution Corporation Limited's RDSS Annexure-II filing for the quarter ended March 2026 reports revenue from operations of Rs. 183,456.04 lakh for FY 2023-24, including Rs. 472.30 crore from inter-state sale and trading, and an AT&C loss of 13.51% against 22.31% in the comparative period. The format also captures transmission losses of 108.91 MU and gross trade receivables of about Rs. 2,602 crore.
8North Bihar Power Distribution's Q4 FY 2025-26 limited review comes back clean from auditors Chartered accountants Kanhaiya Kumar & Associates submitted an Independent Auditor's Limited Review Report on the unaudited standalone financial results of North Bihar Power Distribution Company Limited for the quarter ended 31 March 2026, addressed to the company's Board of Directors. Conducted under ICAI's Standard on Review Engagements (SRE 2410), the review found nothing requiring qualification in the DISCOM's interim financial statement.
EARNINGS CALL & ANALYST MEET
8Inox Wind posts audio recording of 29 May analyst and investor call alongside FY26 results Inox Wind Limited filed the audio recording of its conference call with analysts and investors held on 29 May 2026, under reference IWL:NOI:2026, in line with SEBI LODR disclosure norms. The recording accompanies the company's FY26 results, which showed net profit rising to Rs. 547.46 crore on revenue from operations of Rs. 3,896.4 crore, and the board's in-principle approval of the Rs. 1,250-crore rights issue.
8Schneider Electric Infrastructure posts audio recording of FY26 results conference call Schneider Electric Infrastructure Limited filed a disclosure sharing the link to the audio recording of its investor conference call held on the FY26 audited financial results, alongside an investor presentation showing orders of Rs. 3,430 crore and an order backlog of Rs. 1,911 crore as on 31 March 2026. Both filings were made under Regulation 30 of the SEBI LODR Regulations.
CREDIT RATING & ANALYST REPORT
8IREDA reaffirmed at AAA/Stable by India Ratings; holds BBB Stable from S&P Indian Renewable Energy Development Agency Limited highlighted its credit-rating profile, with India Ratings affirming a long-term AAA/Stable rating and a comprehensive suite of domestic ratings, while S&P Global Ratings assigned a BBB long-term issuer credit rating with Stable outlook and an A-2 short-term rating. The Navratna and Schedule A CPSE, classified as an Infrastructure Finance Company by the RBI, also won Silver at the Green Urja Awards.
8ICRA reaffirms Haldia Energy's Rs. 450-crore commercial paper at A1+ on CESC-linked offtake ICRA reaffirmed the [ICRA]A1+ rating on Haldia Energy Limited's Rs. 450-crore commercial paper programme on 29 May 2026, supported by the RP-Sanjiv Goenka group company's 600 MW coal-based plant meeting about 35-40% of CESC's annual power demand in its Kolkata distribution territory. The rating factors in a 2.57-MTPA fuel-supply agreement with Mahanadi Coalfields, a Coal India subsidiary.
8ICRA keeps Door Sanchar Hydro's Rs. 24.33-crore facilities at 'D' in non-cooperating category ICRA continued to place Door Sanchar Hydro Power Private Limited's Rs. 24.33-crore rated facilities, including a Rs. 24.15-crore term loan, in the [ICRA]D 'Issuer Not Cooperating' category on 29 May 2026, citing the company's continued non-cooperation with the rating process. The hydro developer is part of a group with aggregate power capacity of over 12,000 MW that is also active in EPC.
8ICRA withdraws Terra Energy's Rs. 50-crore ratings, last held at 'D' ICRA withdrew the ratings on Terra Energy Limited's Rs. 50-crore facilities on 29 May 2026, with the long-term fund-based limits last rated [ICRA]D under the 'Issuer Not Cooperating' tag. Terra Energy, incorporated in March 2000 following the demerger of TASL's cogeneration plants, operates 47.1 MW of bagasse-based capacity adjacent to TASL's sugar plants under steam-and-power barter arrangements.
8BSE fines Bharat Coking Coal Rs. 7.65 lakh for SEBI LODR non-compliance in Q4 FY26 Bharat Coking Coal Limited, a subsidiary of Coal India Limited under the Ministry of Coal, disclosed that BSE had imposed a fine of Rs. 7,64,640 (inclusive of GST) for non-compliance with various provisions of the SEBI LODR Regulations for the quarter ended 31 March 2026. The company said it was taking up the matter with the Ministry of Coal, including on the appointment of directors, to address the underlying compliance gaps.Details
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