Waaree Energies H1 FY27 Revenue Up 47.3% to ₹15,449.5 Cr
Waaree Energies reported strong unaudited financial results for H1 FY27, with revenue soaring by 47.3% year-on-year to ₹15,449.5 Crores. Operating EBITDA grew 15.5% YoY to ₹2,775.1 Crores, while Profit After Tax (PAT) stood at ₹1,645.5 Crores, a slight decrease of 0.3% YoY. Operating cash flow saw a remarkable surge of 506.1% YoY to ₹3,483.6 Crores. Key growth drivers included a 191.0% YoY increase in retail revenue and significant expansion in module and cell production capacities. The company also announced board approval for a $37 million expansion of its US facility and a merger scheme with its subsidiary, Indosolar Limited. Future growth is anticipated from BESS, Transformers, Inverters, EPC T&D, and Green Hydrogen businesses.
Key Highlights
- H1 FY27 revenue reached ₹15,449.5 Cr, a 47.3% YoY increase.
- Operating EBITDA grew 15.5% YoY to ₹2,775.1 Cr.
- Operating cash flow surged 506.1% YoY to ₹3,483.6 Cr.
- Retail revenue grew 191.0% YoY in H1 FY27.
- Board approved US facility expansion and Indosolar merger.
Price Impact
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