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Waaree Renewable Technologies Ltd Q1 FY26 Results

WAAREERTLQ1 FY26 Results
Filing
MetricValue (₹ Cr)vs Q4 FY25
Revenue603.1926.6%
Total Income608.0226.3%
Expenditure491.4438.0%
PBT116.573.8%
Net Profit86.397.9%
OPM19.49%6.18pp
NPM14.21%5.27pp
EPS8.297.9%
View full financials

Waaree Renewable Technologies Reports 155.20% Revenue Growth to Rs. 603.19 crores and 206.77% PAT Growth in Q1 FY26

17 Jul 2025 · 17 Jul 2025, 03:22 pm

Summary

Waaree Renewable Technologies Limited, the EPC arm of the Waaree Group, has announced its unaudited financial results for the quarter ended June 30, 2025. The company has reported a robust growth in revenue, EBITDA, and PAT. The order book stands at 3.15 GWp to be executed in the next 12 to 15 months. The company has also broadened its portfolio to include Battery Energy Storage System (BESS) EPC solutions.

Key Highlights

  1. 1

    Revenue from Operations: Rs. 603.19 crores (155.20% YoY growth)

  2. 2

    EBITDA: Rs. 117.54 crores (186.14% YoY growth)

  3. 3

    PAT: Rs. 86.39 crores (206.77% YoY growth)

  4. 4

    Unexecuted order book: 3.15 GWp to be executed in the next 12-15 months

  5. 5

    Bidding pipeline: ~25+ GWp

  6. 6

    Recent Order Wins: 435 MWp Ground Mounted solar power project and 131.6 MWp Ground Mounted solar power project

Management Comments

M

Mr. Manmohan Sharma

CFO, Waaree Renewable Technologies Limited

We are pleased to report revenue of 603.19 crores for Q1 FY26, compared to %236.35 crores in Q1 FY25, delivering a robust growth of 155.20%. This performance reflects the strength of our business model, our disciplined operational approach, and our ability to execute large-scale projects efficiently in a rapidly evolving clean energy landscape.

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