Waaree Renewable Technologies Q2 Results: Net Profit Falls 29% to Rs 81 Crore
5 Articles
5 Articles
Waaree Renewable Technologies Q2 Results: Net profit falls 29% to Rs 81 crore
Waaree Renewable Technologies experienced a notable 29 percent drop in net profit for the quarter ending September. Their consolidated profit stood at Rs 81.48 crore, a decrease from Rs 116.36 crore year-on-year. While expenses surged, revenues rose to Rs 1,057.84 crore. The company boasts an unexecuted order book over Rs 5,500 crore and a robust bidding pipeline, striving for long-term value through efficiencies and scaling.
Waaree Renewable Technologies Reports 36.53% Revenue Growth In Q2 FY27 As Profit Declines 29.98%
Waaree Renewable Technologies Limited (WRTL) experienced significant revenue growth, with a 36.53% increase in Q2 FY27, reaching ₹1,057.84 crore. However, profit after tax fell by 29.98% due to acquisition costs. The company's strong order book and government initiatives support future expansion in renewable energy, battery storage, and T&D sectors.
Waaree Renewable Technologies Q2 profit falls over 29 pc
Digital Desk | Mumbai, Oct 19 (IANS) Waaree Renewable Technologies Limited on Monday reported a more than 29 per cent year-on-year (YoY) decline in consolidated net profit for the quarter ended September 30, 2026 (Q2 FY27), as a sharp increase in expenses weighed on profitability despite strong revenue growth. The company's consolidated net profit fell to Rs 81.48 crore during the quarter from Rs 116.36 crore in the corresponding period of the…
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