Waaree Renewable Technologies Ltd

Waaree Renewable Technologies has been awarded Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) works of Ground Mount Solar Power Project of 150 MWac/ 217.5 MWp. Powered by Capital Market - Live

Subex Ltd, Jubilant Ingrevia Ltd, C.E. Info Systems Ltd and KFin Technologies Ltd are among the other gainers in the BSE's 'A' group today, 13 October 2025.Waaree Renewable Technologies Ltd surged 9.20% to Rs 1239 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 17.59 lakh shares were traded on the counter so far as against the average daily volumes of 80278 shares in the past one month. Subex Ltd soared 7.29% to Rs 14.13. The stock was the second biggest gainer in 'A' group. On the BSE, 11.54 lakh shares were traded on the counter so far as against the average daily volumes of 2.25 lakh shares in the past one month. Jubilant Ingrevia Ltd spiked 6.89% to Rs 695.7. The stock was the third biggest gainer in 'A' group. On the BSE, 85869 shares were traded on the counter so far as against the average daily volumes of 9900 shares in the past one month. C.E. Info Systems Ltd gained 5.98% to Rs 1805. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.29 lakh shares were traded on the counter so far as against the average daily volumes of 2604 shares in the past one month. KFin Technologies Ltd spurt 5.09% to Rs 1127. The stock was the fifth biggest gainer in 'A' group. On the BSE, 2.23 lakh shares were traded on the counter so far as against the average daily volumes of 47387 shares in the past one month. Powered by Capital Market - Live

Profit before tax (PBT) soared 125.9% to Rs 156.56 crore in Q2 FY26 compared with Rs 69.30 crore posted in corresponding quarter last year. EBITDA stood at Rs 157.94 crore in Q2 FY26, registering the growth of 120.69% compared with Rs 71.57 crore in Q2 FY25. EBITDA margin expanded to 20.39% in Q2 FY26 as against 13.65% in Q2 FY25. On half year basis, the company's consolidated net profit surged 148.21% to Rs 202.73 crore in H1 FY26, compared with Rs 81.68 crore in H1 FY25. Revenue from operations jumped 81.12% YoY to Rs 1,377.97 crore in H1 FY26. Manmohan Sharma, CFO, Waaree Renewable Technologies, said: 'We are pleased to report highest ever quarterly revenue of Rs.774.78 crores for Q2 FY26, compared to Rs.524.47 crores in Q2 FY25, delivering a robust growth of 47.73%. The substantial growth in the numbers is a result of our execution capabilities and increasing sector performance. India's renewable energy momentum continues to build, with total installed capacity reaching 256.1 GW as of September 2025 marking a significant milestone in its clean energy transition reaching halfway to the 500 GW target of 2030 and further aligning with India's long-term net-zero vision. Solar energy accounts for 127.33 GW of the total renewable installed capacity, underscoring its pivotal role in the country's clean energy transition, driven by robust policy support, and ambitious national targets. India's solar EPC sector is also rapidly evolving and our integrated capabilities place us at the forefront of this transformation. With a robust solar EPC unexecuted orderbook of 3.48 GWp, we are strategically positioned to execute large-scale, integrated energy projects and lead India's energy transition by serving value across the lifecycle from design and delivery to commissioning and O&M. Further the company is also building substation and transmission line for specific solar power project.' Waaree Renewable Technologies, based in Mumbai, is a subsidiary of the Waaree Group and leads the group's Solar EPC operations. In addition to engineering, procurement, and construction, the company develops, finances, builds, owns, and operates solar power projects as part of its long-term investment approach.Powered by Capital Market - Live

Net profit of Waaree Renewable Technologies rose 117.22% to Rs 116.30 crore in the quarter ended September 2025 as against Rs 53.54 crore during the previous quarter ended September 2024. Sales rose 47.73% to Rs 774.78 crore in the quarter ended September 2025 as against Rs 524.47 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales774.78524.47 48 OPM %20.3913.65 - PBDT158.7570.88 124 PBT156.5669.30 126 NP116.3053.54 117 Powered by Capital Market - Live

Waaree Renewable Techs. will hold a meeting of the Board of Directors of the Company on 10 October 2025.Powered by Capital Market - Live

 Waaree Renewable Technologies has been awarded Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) works of 870 MWac/1218 MWp Grid Connected Ground Mount Solar Power Project, which includes a 33kV/400kV Substation and transmission line works. The project scope also covers two years of Operation and Maintenance (O&M) Services. The order is valued at Rs 1,252.43 crore and is to be completed in FY 2026-27.Powered by Capital Market - Live

The order, valued at approximately Rs 1,252.43 crore, has been awarded by Waaree Forever Energies, a subsidiary of the holding company. The turnkey Engineering, Procurement and Construction (EPC) contract includes the setup of a grid-connected ground mount solar power project, a 33kV/400kV substation, transmission line works, and two years of operations and maintenance services. The project is scheduled for completion in the financial year 2026-27, subject to statutory approvals. The order qualifies as a related party transaction, being awarded by its group company, but has been undertaken at arm's length. Waaree Renewable Technologies, based in Mumbai, is a subsidiary of the Waaree Group and leads the group's Solar EPC operations. In addition to engineering, procurement, and construction, the company develops, finances, builds, owns, and operates solar power projects as part of its long-term investment approach. Its activities span multiple geographies, with a primary focus on commercial and industrial customers. Formed to capitalize on the expanding renewable energy sector, Waaree Renewable Technologies serves its clients by implementing on-site solar installations'including rooftop and ground-mounted systems'as well as off-site open access solar farms dedicated to providing clean energy solutions. On a consolidated basis, net profit of Waaree Renewable Technologies surged 205.44% to Rs 86.44 crore while net sales rose 155.21% to Rs 603.19 crore in Q1 June 2025 over Q1 June 2024. Powered by Capital Market - Live

Waaree Renewable Techs. announced that the Annual General Meeting(AGM) of the company will be held on 23 September 2025.Powered by Capital Market - Live

Net profit of Waaree Renewable Technologies rose 205.44% to Rs 86.44 crore in the quarter ended June 2025 as against Rs 28.30 crore during the previous quarter ended June 2024. Sales rose 155.21% to Rs 603.19 crore in the quarter ended June 2025 as against Rs 236.35 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales603.19236.35 155 OPM %19.4917.38 - PBDT118.8140.81 191 PBT116.5739.27 197 NP86.4428.30 205 Powered by Capital Market - Live

Sterlite Technologies Ltd, Godfrey Phillips India Ltd, Mishra Dhatu Nigam Ltd and TVS Holdings Ltd are among the other gainers in the BSE's 'A' group today, 15 July 2025.Waaree Renewable Technologies Ltd spiked 13.04% to Rs 1102.55 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4.2 lakh shares were traded on the counter so far as against the average daily volumes of 48678 shares in the past one month. Sterlite Technologies Ltd soared 8.95% to Rs 113.2. The stock was the second biggest gainer in 'A' group. On the BSE, 9.63 lakh shares were traded on the counter so far as against the average daily volumes of 31.96 lakh shares in the past one month. Godfrey Phillips India Ltd surged 8.20% to Rs 9781.6. The stock was the third biggest gainer in 'A' group. On the BSE, 42637 shares were traded on the counter so far as against the average daily volumes of 10071 shares in the past one month. Mishra Dhatu Nigam Ltd added 7.96% to Rs 433.35. The stock was the fourth biggest gainer in 'A' group. On the BSE, 9.01 lakh shares were traded on the counter so far as against the average daily volumes of 79334 shares in the past one month. TVS Holdings Ltd gained 5.96% to Rs 12194.85. The stock was the fifth biggest gainer in 'A' group. On the BSE, 614 shares were traded on the counter so far as against the average daily volumes of 364 shares in the past one month. Powered by Capital Market - Live