Waaree Renewable Technologies Ltd

Waaree Renewable Technologies Ltd share price softened by 1.28% to Rs 826.15 after the company's net profit tumbled by 31.51% to Rs 81.48 crore, while revenue from operations gained 14.45% to Rs 1057.84 crore in Q3FY26 over Q2FY26. The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.28 lakh crore, declining 5.53%. It has eased by 6.04% over last one week and crept higher by 1.84% in last one month while the market capitalization of Waaree Renewable Technologies Ltd has marginally improved by 2.12% and 12.54% in the same period respectively. Profit before tax (PBT) of Waaree Renewable Technologies Ltd stood at Rs 105.36 crore in Q3 FY26, tanking 32.71% year-on-year, and plunging by 35.51% quarter-on-quarter. EBITDA came in at Rs 151 crore, slipping 1.77% YoY and falling 10.35% sequentially. Total expenses witnessed a sharp rise of 22.24% to Rs 924.83 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 673.48 crore, marginally falling by 4.57% YoY, while employee benefits expense was at Rs 33.3 crore, witnessing a strong rise of 107.61% YoY. For the TTM ended FY26, revenue from operations soared by 108.51% to Rs 3331.42 crore, while net profit jumped 109.09% to Rs 478.65 crore, compared to previous TTM. EBITDA surged by 29735% to Rs 620.67 crore, and PBT witnessed a strong rise of 112.87% to Rs 639.62 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 286.95 crore in FY26, as against Rs 302.7 crore in FY25. Waaree Renewable Technologies Ltd plunged by 33.12% in last one year, underperforming the benchmark BSE Sensex which has reduced by 12.46% during the same period.

Waaree Renewable Technologies Ltd share price declined by 1.28% to Rs 826.15 after the company's net profit tanked by 31.51% to Rs 81.48 crore, while revenue from operations gained 14.45% to Rs 1057.84 crore in Q3FY26 over Q2FY26. The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.33 lakh crore, declining 5.53%. It has softened by 4.63% over last one week and gained upto 0.38% in last one month while the market capitalization of Waaree Renewable Technologies Ltd has marginally improved by 2.94% and 18.51% in the same period respectively. Profit before tax (PBT) of Waaree Renewable Technologies Ltd stood at Rs 105.36 crore in Q3 FY26, tumbling by 32.71% year-on-year, and plunging by 35.51% quarter-on-quarter. EBITDA came in at Rs 151 crore, slipping 1.77% YoY and dropping 10.35% sequentially. Total expenses soared by 22.24% to Rs 924.83 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 673.48 crore, marginally falling by 4.57% YoY, while employee benefits expense was at Rs 33.3 crore, soaring 107.61% YoY. For the TTM ended FY26, revenue from operations jumped by 108.51% to Rs 3331.42 crore, while net profit saw a strong growth of 109.09% to Rs 478.65 crore, compared to previous TTM. EBITDA surged by 29735% to Rs 620.67 crore, and PBT jumped 112.87% to Rs 639.62 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 286.95 crore in FY26, as against Rs 302.7 crore in FY25. Waaree Renewable Technologies Ltd plunged by 36.05% in last one year, underperforming the benchmark BSE Sensex which has reduced by 10.47% during the same period.

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, has received a revised scope of work under an existing contract for an Engineering, Procurement, and Construction (EPC) project, increasing the value by approximately Rs 22 Cr (excluding taxes). The company will develop the EPC execution of a Ground Mount Solar Power Project of 150 MWac/217.5 MWp for a domestic renewable energy company, with project completion expected during the financial year 2026-27; the aggregate order size remains at 150 MWac/217.5 MWp as previously disclosed on October 15, 2025, and the terms and conditions of the contract remain unchanged.

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, will hold a board meeting on Monday, October 19, 2026, to approve and record the un-audited standalone and consolidated financial results under Indian Accounting Standards (Ind AS) for the quarter and half year ended September 30, 2026.

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, announced it has received a Letter of Acceptance (LOA) from a Public Sector Undertaking (PSU) for a 5 MWp grid-connected solar PV project, including comprehensive Operation & Maintenance for 10 years. The turnkey Engineering, Procurement & Construction (EPC) work is expected to be completed within 12 months, with the LOA received on October 8, 2026. The order size is valued at 5 MWp and does not involve any related party transactions.

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, confirmed receipt of a certificate from Registrar and Share Transfer Agent, Purva Sharegistry (India) Private Limited, pertaining to the dematerialization of shares, mutilation, and cancellation of share certificates for the quarter ended September 30, 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, will close its trading window for directors, promoters, designated employees, connected persons, and their relatives starting Thursday, October 1, 2026, in connection with the declaration of unaudited financial results for the quarter and half year ending September 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited.

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, has received a revised scope of work under an existing Engineering, Procurement and Construction (EPC) contract for a ground mount solar PV project, increasing the project value by Rs 14.79 Cr. The project, awarded by a domestic entity, maintains a total capacity of 2012.47 MWp and is slated for completion during the financial year 2026-27; the original order size and terms remain unchanged, and no promoter or group companies have an interest in the awarding entity, as disclosed in filings on November 27, 2024, June 20, 2025, and July 30, 2025.

Waaree Renewable Technologies Ltd. is currently trading at Rs 879.5, up 0.52%, while its stock has risen 0.48% over the last one week. Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, announced it has received a Letter of Award (LOA) for a solar project involving the engineering, procurement, and construction (EPC) of a 291 MWp ground-mounted solar PV project alongside a 280 MWh Battery Energy Storage System (BESS), awarded by a leading Indian thermal power generating company. The order, received on August 28, 2026, is for domestic execution and is scheduled for completion during the financial year 2027-28. The company did not disclose the specific value of the order. Waaree Renewable Technologies Ltd. shares saw a trading volume of 1.42 lakh today, a 34.57% increase compared to the average volume of the last one week. Waaree Renewable Technologies Ltd. advanced by 15.23% year-over-year, outperforming the 1.67% loss registered by the NIFTY50 index.

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, announced that its board approved the transfer of its entire shareholding in Waaree Green Data Centers Private Limited, formerly known as Sunsantional Energy Private Limited, to its holding company, Waaree Energies Limited, for Rs 100,000, representing the face value of the shares. The transaction, which falls under related party transactions and is being conducted at arm’s length, is expected to be completed by October 31, 2026, and is in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.