Waaree Energies Secures Massive 500 MW Solar Module Order, Shares in Focus

• Waaree Energies Ltd received a large order on February 23 to supply 500 megawatts of solar modules to a domestic solar power developer.
• This is a one-time contract for the financial year 2026-27, with the entire supply to be completed within the stipulated timeframe.
• The company reported strong Q3 results: net profit up 26% to 1,062 crore rupees, revenue up 24.7% to 7,656 crore rupees.
• EBITDA increased by 37.2% to 1,928 crore rupees, with the EBITDA margin improving from 23.2% to 25.5%.
• Waaree Energies is a global energy transition company specializing in solar energy solutions, with a presence in over 20 countries.