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Waaree Renewable reports strong quarterly performance with higher margins
Waaree Renewable delivered strong Q2 numbers with profit up 117% and sales rising sharply, backed by capacity expansion and improved operating efficiency.
Waaree Renewable posted Q2 FY26 net profit of ₹116.35 crore, rising 117% year-on-year, supported by strong module demand and operational efficiencies. Revenue increased 47.73% to ₹774.78 crore as solar expansion projects progressed. ROCE reached 82.31%, reflecting improved asset utilization. Shares traded near ₹1,291, with investors tracking order-book visibility and domestic capacity additions across the renewable-energy segment.