Waaree Renewable Technologies Limited reported a stellar performance for the quarter ended June 30, 2025 (Q1 FY26), with net profit rising over 207% year-on-year (YoY) and revenue growing by 155% YoY.
The company’s revenue from operations stood at ₹603.19 crore, up from ₹236.35 crore in Q1 FY25. This translates into a strong 155% YoY growth as the company continued to execute its EPC contracts at scale.
Total income grew to ₹608.02 crore, compared to ₹239.11 crore YoY.
Net profit for the quarter rose to ₹86.39 crore, a sharp 207% jump from ₹28.16 crore in the same period last year. This growth was driven by higher revenue and improved operational efficiency, despite higher expenses compared to last year.
On a sequential basis (QoQ), net profit was slightly lower than the ₹93.76 crore reported in Q4 FY25, reflecting normal seasonal trends and higher costs.
The company continues to strengthen its position in the renewable EPC segment, supported by a robust project pipeline.
