Waaree Renewable Q1 FY27 Revenue Surges 53% to ₹924 Cr
Waaree Renewable Technologies Limited (WRTL) reported strong financial results for Q1 FY27, with revenue from operations reaching ₹924.25 crores, a significant 53.23% year-on-year growth. EBITDA increased by 47.58% to ₹173.48 crores, and Profit After Tax (PAT) grew by 37.70% to ₹118.97 crores. The company maintains a robust unexecuted order book of over ₹5,300 crores, ensuring sustained revenue visibility. WRTL is expanding its capabilities into Battery Energy Storage Systems (BESS) and Data Centres, and recently acquired a 55% stake in Associated Power Structures Pvt. Ltd. (APSPL) to strengthen its T&D segment presence. The company secured new orders including a 1,520 MWh BESS order and a 450 MWp solar project.
Key Highlights
- Revenue from operations grew 53.23% YoY to ₹924.25 Cr in Q1 FY27.
- EBITDA and PAT increased by 47.58% and 37.70% respectively.
- Unexecuted order book stands strong at ₹5,300+ Cr.
- Acquired 55% stake in APSPL to bolster T&D capabilities.
- Secured new orders for BESS and solar projects.
Price Impact
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