Waaree Renewable Technologies Ltd

Waaree Renewable Technologies Ltd (WAAREERTL) has signed a turnkey contract for Engineering, Procurement, and Construction (EPC) works for a 210MWp (150MWac) solar project. The order includes two years of operation and maintenance services. The project is scheduled for completion in the financial year 2027-28. The entity awarding the contract is Solaris Horizon Energy Private Limited (SHEPL), a step-down subsidiary of Waaree Energies Limited, indicating a related party transaction executed at arm's length. This order signifies continued business development in the renewable energy sector for WAAREERTL.

Waaree Renewable Technologies Limited (WRTL) has signed an Early Contractor Involvement (ECI) Agreement with a Special Purpose Vehicle of a leading global Independent Power Producer (IPP). This agreement is for the development of a utility-scale solar photovoltaic (PV) project integrated with a Battery Energy Storage System (BESS) in New Zealand. This marks WRTL's strategic entry into the Australia and New Zealand (ANZ) renewable energy market. The ECI agreement is for preliminary work and is valid for approximately 4 months. Upon successful completion of the ECI phase, the Principal may award the EPC contract to the consortium, with project execution timelines estimated at 24 months. The company received the Letter of Award on July 27, 2026.

Waaree Renewable Technologies Limited has announced the receipt of two Letters of Award (LOA) for Engineering, Procurement, and Construction (EPC) works for two ground-mounted Solar PV plants. The combined capacity of these projects is 800 MWac / 1,082 MWp, comprising individual plants of 400 MWac / 530 MWp and 400 MWac / 552 MWp. The projects are scheduled for completion during the financial year 2027-28. The company received these LOAs on July 25, 2026. This development signifies a significant addition to the company's project pipeline in the renewable energy sector.

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.

Waaree Renewable Technologies Ltd announced that its Board of Directors has approved the un-audited financial results for the quarter ended June 30, 2026. The results, which include both consolidated and standalone figures, were reviewed by kkc & associates llp, Chartered Accountants. The board meeting to consider these results commenced on Wednesday, July 22, 2026, at 07:25 p.m. and concluded at 07:49 p.m. The company has submitted these results along with the Limited Review Report as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Waaree Renewable Technologies Ltd announced the outcome of its Board meeting held on July 22, 2026. The Board considered and approved the Un-Audited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2026. A Limited Review Report from kkc & associates llp, Chartered Accountants, was also attached. The meeting commenced at 07:25 p.m. and concluded at 07:49 p.m. The results are prepared in accordance with Ind AS 34 and comply with SEBI Listing Regulations.

Waaree Renewable Technologies Ltd has announced that its Board of Directors will convene on July 22, 2026. The primary agenda item for this meeting is to consider and approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, prepared under Indian Accounting Standards (Ind AS). This meeting is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Waaree Renewable Technologies Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from Wednesday, July 01, 2026, and is in accordance with the company's Code of Conduct for prevention of Insider Trading. The window is shut in anticipation of the declaration of Unaudited Financial Results for the quarter ending June 30, 2026. The trading window will be reopened 48 hours after the financial results are officially announced to the stock exchange.

Waaree Renewable Technologies Ltd has successfully completed the acquisition of Associated Power Structures Private Limited (APSPL). The company acquired 55% equity shares of APSPL through primary and secondary transactions. Consequently, APSPL has now become a subsidiary of Waaree Renewable Technologies Limited. This strategic move is expected to bolster Waaree's position in the renewable energy sector.

Waaree Renewable Technologies Ltd has received an enhancement in the scope of work for an existing Engineering, Procurement, and Construction (EPC) contract for a Solar Power Plant of 980 MWp / 700 MWac. The commercial order's scope has been enhanced by ₹30.91 Cr, increasing the total contract value to ₹1,044.69 Cr (inclusive of taxes). The terms and conditions of the original contract remain unchanged. This update was received on June 17, 2026.