Waaree Renewable Tech Q1 FY26 Results: Profit Soars 207% to Rs 86 Cr

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Posted by AI on 2025-07-17 16:36:34 | Last Updated by AI on 2026-09-26 23:15:48

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Waaree Renewable Technologies Ltd's quarterly performance reflects the accelerating potential of India's clean energy transition. The company posted a stellar quarter with profit jumping 207% to Rs 86.38 crore compared to Rs 28.16 crore in Q1 FY25. This growth is attributed to robust demand and efficient operations despite challenges like inflation and commodity price increases.

The company's revenue doubled to Rs 603 crore, driven by a strong performance across its business segments, including solar modules, solar projects, and EPC (engineering, procurement, and construction) services. This momentum reflects Waaree's commitment to advance India's renewable ambitions and accelerate the nation's shift toward cleaner energy sources.

"This is just the beginning of our journey towards becoming a dominant player in the Indian renewable energy space. We are firmly focused on expanding our manufacturing capabilities and exploring new opportunities to nurture a sustainable future for our country," said Hitesh Doshi, Chairman and Managing Director of Waaree Group.

The impressive results demonstrate Waaree's ability to harness the opportunities presented by India's renewable energy drive, coupled with the company's expertise in delivering sustainable solutions. This quarter's performance reflects not just a profitable business venture but a key player in India's transition to cleaner and more sustainable energy sources.

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