Genus Power and Inox Wind Report Strong Q4 Growth

Both Genus Power and Inox Wind had a great quarter.

Genus Power, which works with smart meters, made over five times more profit, with revenue more than doubling.

Inox Wind, a wind energy company, also saw its profits increase more than fivefold, with significant revenue growth as well.

Genus Power is growing due to its metering business and Inox Wind due to a rise in revenue and continued execution of a robust order book.

Inox Wind also announced a new CEO.

The adoption of smart meters continues to grow in India, particularly in states like Bihar and Assam.