Waaree Renewable Q3 Profit Jumps 2x, Revenue Surges 136% on Strong Execution

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CNBC TV18•14-01-2026, 22:40
Waaree Renewable Q3 Profit Jumps 2x, Revenue Surges 136% on Strong Execution
- •Waaree Renewable Technologies Ltd reported a 124.74% YoY rise in Q3 FY26 profit after tax to ₹120.19 crore.
- •The company achieved its highest-ever quarterly revenue of ₹851.06 crore, a 136.18% growth from Q3 FY25.
- •EBITDA for Q3 FY26 increased by 120.79% to ₹158.80 crore, with an EBITDA margin of 18.66%.
- •For 9M FY26, revenue grew 98.81% to ₹2,229.03 crore, surpassing full-year FY25 performance, and PAT rose 138.92% to ₹322.93 crore.
- •Waaree Renewable has a strong unexecuted order book of 2.92 GWp and plans to set up a 120 MWp solar power park in Buldhana, Maharashtra.
Why It Matters: Waaree Renewable Technologies delivered exceptional Q3 FY26 results with profit and revenue soaring due to strong execution.
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