Inox Wind Limited

32%

KEY ACHIEVEMENTS – Q1 FY26 ✓ IWL posts its highest ever Q1 PAT and Cash PAT ✓ Q1 FY26: Revenue up 32% YoY; EBITDA up 39% YoY; Robust margin trajectory continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 1

39%

Q1 FY26 ✓ IWL posts its highest ever Q1 PAT and Cash PAT ✓ Q1 FY26: Revenue up 32% YoY; EBITDA up 39% YoY; Robust margin trajectory continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 134% YoY to Rs 97 cr

167%

h PAT ✓ Q1 FY26: Revenue up 32% YoY; EBITDA up 39% YoY; Robust margin trajectory continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 134% YoY to Rs 97 cr; Cash PAT surges 168% YoY to Rs 186 crores ✓ During t

Rs 138

Y26: Revenue up 32% YoY; EBITDA up 39% YoY; Robust margin trajectory continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 134% YoY to Rs 97 cr; Cash PAT surges 168% YoY to Rs 186 crores ✓ During the quarter, IWL

134%

% YoY; EBITDA up 39% YoY; Robust margin trajectory continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 134% YoY to Rs 97 cr; Cash PAT surges 168% YoY to Rs 186 crores ✓ During the quarter, IWL has taken a de

Rs 97

A up 39% YoY; Robust margin trajectory continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 134% YoY to Rs 97 cr; Cash PAT surges 168% YoY to Rs 186 crores ✓ During the quarter, IWL has taken a deferred tax cha

168%

n trajectory continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 134% YoY to Rs 97 cr; Cash PAT surges 168% YoY to Rs 186 crores ✓ During the quarter, IWL has taken a deferred tax charge of Rs 40 cr, which i

Rs 186 crore

continues ✓ PBT up 167% YoY to Rs 138 cr; PAT up 134% YoY to Rs 97 cr; Cash PAT surges 168% YoY to Rs 186 crores ✓ During the quarter, IWL has taken a deferred tax charge of Rs 40 cr, which is a non-cash account

Rs 40

h PAT surges 168% YoY to Rs 186 crores ✓ During the quarter, IWL has taken a deferred tax charge of Rs 40 cr, which is a non-cash accounting adjustment. This is a reversal of the deferred tax assets recog

146 MW

ng adjustment. This is a reversal of the deferred tax assets recognized in the previous years. ✓ 146 MW execution in Q1 FY26 with a well-diversified order book of ~ 3.1 GW providing strong visibility for

3.1 GW

nized in the previous years. ✓ 146 MW execution in Q1 FY26 with a well-diversified order book of ~ 3.1 GW providing strong visibility for the next two years ✓ New nacelle plant, transformer manufacturing u

182 MW

d ‘no objection’ from the stock exchanges ✓ Inox Green signed agreement for comprehensive O&M of 182 MW of wind projects of one of India’s largest conglomerates ✓ MNRE notifies ALMM for wind and wind tur

“At IGESL, we are well placed to capture this opportunity going forward.”

“Group’s foray into solar to add large scale solar project O&M to IGESL’s portfolio.”

“In particular, such statements should not be regarded as a projection of future performance of IWL.”

Execution

3

Execution target

1

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1

Execution

705 MW • Commencement of turnaround journey • Capital infusion by promoter family • IPO of Inox Green Energy Services Ltd. • 3 MW WTG prototype installed From averaging ~ 100 MW of annual execution • Raised equity capital from marquee investors • Completed transition to 3 MW WTG production • Ramped up 3MW WTG supply chain • Divested non-core asset • Order intake of > 2 GW • Delivered strong operational and financial performance • Raised equity capital across companies from marquee investors • Achieved net cash status • Entered into Solar O&M business through IGESL • Order intake of ~ 1.5 GW To targeting > 2 GW of annual execution in FY27 as India moves towards 10GW of annual wind addition FY26

Execution target

> 1,200 MW • Current orderbook stands at ~ 3.1 GW • Execution target backed by large existing orderbook and strong pipeline of orders • O&M portfolio growth through organic and inorganic means 16 IWL – WHAT SETS US APART – 5 PILLARS OF STRENGTH Strong Group Pedigree Robust Creditworthiness Exceptional Turnkey Capabilities Diversified Orderbook • Strong backing of the multi-billion dollar INOXGFL Group • Sizeable promoter holding • Synergies among Group companies resulting in additional opportunities • Unparalleled management team expertise • Net cash balance • One of India’s largest • Robust orderbook sheet • Strong relationships with all banks • Highest ratings for short term banking facilities by CARE & Acuite Ratings wind turnkey solutions provider, with high value project development pipeline • Plug & play common infrastructure is a strong moat for IWL • Smartly building common infrastructure at additional sites across the country of ~ 3.1 GW • Executing the single largest wind pro

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This presentation and the related discussions may contain “forward looking statements” by Inox Wind Limited (“IWL” or “the Company”) that are not historical in nature. These forward-looking statements, which may include statements relating to future state of affairs, results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of IWL about the business, industry and markets in which IWL operates. These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond IWL’s control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward looking statements. Such statements are not, and should not be construed, as a representation as to future performance or achievements of IWL. In particular, s