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The capital goods companies (excluding L&T) have announced orders worth Rs 14,500 crore for Q4FY19, down 55 percent YoY
Wind energy service provider Inox Wind's second quarter profit may increase 14 percent year-on-year to Rs 102 crore and revenue may grow 9 percent to Rs 1,103 crore, according to analysts polled by CNBC-TV18.
Jigar Shah of Kim Eng Sec India is of the view that Inox Leisure may rise by 40 percent from the current level.
Devansh Jain, wholetime director, Inox Wind says the company will log in strong FY16 growth numbers and adds the company will now focus on expansion.
Revenue during the quarter may jump 56 percent to Rs 846 crore with operating profit rising 59 percent to Rs 132 crore and margin expansion of 30 basis points compared to year-ago period.
In an interview to CNBC-TV18, Devansh Jain, Director, Inox Wind, talks about the company's fourth quarter results and its future outlook.