Inox Wind Limited

rs,

. 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 t

200 MW

E  DETAILED FINANCIALS 3 QUARTERLY HIGHLIGHTS Operations  Successfully Commissioned 200 MW of SECI 1 at Dayapar, Gujarat – 150 MW in Q1FY20 and 50 MW in July 2019  Due to huge delay in ce

150 MW

RTERLY HIGHLIGHTS Operations  Successfully Commissioned 200 MW of SECI 1 at Dayapar, Gujarat – 150 MW in Q1FY20 and 50 MW in July 2019  Due to huge delay in central grid connectivity, extension requ

50 MW

perations  Successfully Commissioned 200 MW of SECI 1 at Dayapar, Gujarat – 150 MW in Q1FY20 and 50 MW in July 2019  Due to huge delay in central grid connectivity, extension request for 50 MW is und

600 MW

0 MW is under process  Common Infrastructure for SECI projects at Dayapar, Gujarat in place for ~600 MW which includes state of art technology covering:- • • • 220 KV Pooling Substation at Meghpar

Rs. 260

around in topline and EBITDA margins on the back of commissioning of SECI 1 : • • • Revenue of Rs. 260 crs in Q1FY20 up by 44% against revenue of Rs.180 crs in Q4FY19 EBITDA profit of Rs. 38 crs in Q1F

44%

margins on the back of commissioning of SECI 1 : • • • Revenue of Rs. 260 crs in Q1FY20 up by 44% against revenue of Rs.180 crs in Q4FY19 EBITDA profit of Rs. 38 crs in Q1FY20 against EBITDA loss

Rs.180

commissioning of SECI 1 : • • • Revenue of Rs. 260 crs in Q1FY20 up by 44% against revenue of Rs.180 crs in Q4FY19 EBITDA profit of Rs. 38 crs in Q1FY20 against EBITDA loss of Rs.28 crs in Q4FY19 C

Rs. 38

venue of Rs. 260 crs in Q1FY20 up by 44% against revenue of Rs.180 crs in Q4FY19 EBITDA profit of Rs. 38 crs in Q1FY20 against EBITDA loss of Rs.28 crs in Q4FY19 Cash Profit after tax of Rs. 3 crs in Q1F

Rs.28

inst revenue of Rs.180 crs in Q4FY19 EBITDA profit of Rs. 38 crs in Q1FY20 against EBITDA loss of Rs.28 crs in Q4FY19 Cash Profit after tax of Rs. 3 crs in Q1FY20 against cash loss of Rs.36 crs in Q4FY1

Rs. 3

rofit of Rs. 38 crs in Q1FY20 against EBITDA loss of Rs.28 crs in Q4FY19 Cash Profit after tax of Rs. 3 crs in Q1FY20 against cash loss of Rs.36 crs in Q4FY19  Improved working capital cycle. Net recei

Rs.36

TDA loss of Rs.28 crs in Q4FY19 Cash Profit after tax of Rs. 3 crs in Q1FY20 against cash loss of Rs.36 crs in Q4FY19  Improved working capital cycle. Net receivable reduced by Rs.203 crs in Q1FY20 as

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

“ Due to the lower intensity of competition and with our new 3.3 MW world class WTGs, going forward, we expect to get back to normalised profit levels.”

“ The 3.3 MW wind turbine will have a 146 meter rotor dia which will probably be the largest rotor dia in India and will be available in a host of hub heights which can be selected as per site conditions.”

“• Inventory: Consolidated inventory levels maintained at same level mainly on account of ramp-up of SECI projects execution since the current inventory includes the project work in progress of Dayapar, Gujarat site and supplies towards SECI projects which will be commissioned over the coming quarters.”

“Going ahead we expect inventory levels to come down as the execution picks up pace in the coming quarters.”

“11 O&M – STRONG ANNUITY MODEL  Inox Wind has multi year O&M agreements for its fleet across customers and from the upcoming new financial year, a significant part of the WTGs will be beyond the free O&M/warranty period.”

“ Moreover, with the increase in the fleet size on the back of strong auction order inflow, we expect this revenue stream to pick up strongly in the coming years.”

“• RPO target increased to 21% for FY22 for state discoms from 17% in FY19**.”

Scrip code

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INOXWIND Sub: Disclosure of Material Event/ Inf01mati0n under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015— Earnings Presentation Dear Sir/ Madam, Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Earnings Presentation on the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended 30th June, 2019 that we propose to make during the Conference Call for analyst and investors scheduled to be held on Friday, 9th August, 2019 at 5:00 P.M. The said EarningsPresentation1s also being uploaded on the Company’s website, WWW.inoxwind. corn. We request you to please take the above on record. Thanking You Yours faithfully, For Inox Wind Limited Company Secretary Encl: As above INOX WIND LIMITED, Plot No. 17, Sector 16 A, N0ida—201 301. (U.P.). INDIA. Phone: +91-120-6149 600. Fax: +91-120