Waaree Renewable Q3 Profit Doubles, Earnings Soar 136%; Stock in Focus

• Waaree Renewable Technologies reported a 124.74% year-on-year increase in net profit to ₹120.19 crore for Q3 FY26.
• Revenue from operations surged by 136.18% to ₹851.06 crore, marking the company's highest-ever quarterly earnings.
• For the first nine months of FY26, net profit jumped 138.92% to ₹322.93 crore, surpassing the full FY25 performance.
• The company's unexecuted order book stands at 2.92 GWp, with a bidding pipeline of approximately 29 GWp.
• Waaree Renewable secured new orders for 217.5 MWp and 39.8 MWp solar projects and plans a 120 MWp solar park in Buldhana, Maharashtra.

Why It Matters: Waaree Renewable Technologies achieved record Q3 profits and revenue, driven by strong growth and expansion plans.