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Waaree Renewable Technologies Ltd Q3 FY26 Results

WAAREERTLQ3 FY26 Results
Filing
MetricValue (₹ Cr)Q2 FY26Q3 FY25
Revenue851.069.8%136.2%
Total Income856.189.9%135.1%
Expenditure697.8012.1%137.8%
PBT158.391.2%123.9%
Net Profit120.193.3%124.7%
OPM18.66%1.73pp1.46pp
NPM14.04%0.89pp0.65pp
EPS11.503.0%123.7%
View full financials

Waaree Renewable Technologies Reports Highest Ever Revenue of Rs. 851.06 Cr in Q3, Up 136.18% YoY

14 Jan 2026 · 14 Jan, 8:52 pm

Summary

Waaree Renewable Technologies Limited, the EPC arm of the Waaree Group, has announced its unaudited financial results for the quarter and nine months ended on December 31, 2025. The company reported a revenue of Rs. 851.06 crores in Q3, representing a growth of 136.18% YoY. The EBITDA stood at Rs. 158.80 crores, and PAT stood at Rs. 120.19 crores, representing a growth of 120.79% and 124.74% YoY respectively.

Key Highlights

  1. 1

    Revenue from Operations : Rs. 851.06 Cr, EBITDA : Rs. 158.80 Cr, PAT : Rs. 120.19 Cr

  2. 2

    136.18% YoY growth in revenue, 120.79% YoY growth in EBITDA, 124.74% YoY growth in PAT

  3. 3

    Unexecuted order book stands at 2.92 GWp to be executed between 12-15 months

  4. 4

    Bidding pipeline remains robust at ~29 GWp

  5. 5

    217.5 MWp Ground Mounted solar power project won in Q3FY26

  6. 6

    39.8 MWp Ground Mounted solar power project won in Q3FY26

Management Comments

M

Mr. Manmohan Sharma

CFO, Waaree Renewable Technologies Limited

We are pleased to report revenues of Rs. 851.06 crores in Q3 FY26, compared to Rs. 360.35 crores in Q3 FY25, reflecting YoY growth of 136.18%. Our margin for this performance resonates our execution excellence, financial discipline and robust operating model.

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