Waaree Renewable shares rocket 12% as This autumn income soars 131%, revenue up 66%. Verify particulars
EBITDA for the quarter stood at Rs 206.82 crore, up 63.71% year-on-year from Rs 126.33 crore. Magins, alternatively, declined notably, falling 776 foundation factors year-on-year. It represents one-hundredth of 1 per cent.
For the complete yr, income from operations greater than doubled to Rs 3,331.42 crore, reflecting a 108.51% improve over Rs 1,597.75 crore in FY25. Its revenue after tax climbed 109% to Rs 478.65 crore, whereas EBITDA rose 106.21% to Rs 641.10 crore from Rs 310.90 crore.
The corporate’s unexecuted order ebook stands at 2.83 GWp and is anticipated to be executed over the subsequent 12 to fifteen months. In the meantime, its bidding pipeline has continued to construct momentum, increasing to over 36 GWp.
The corporate highlighted the sturdy momentum in India’s renewable vitality sectorwith whole put in renewable capability crossing 274 GW as of March 2026, of which photo voltaic contributed over 150 GW. Throughout FY26, photo voltaic capability additions elevated considerably to over 44 GW, in comparison with round 24 GW within the earlier yr. Photo voltaic accounted for practically 82% of whole renewable capability additions throughout the yr, reinforcing its place as the important thing driver of India’s clear vitality transition.
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Waaree added that it has sturdy visibility for venture execution going ahead. It added that its focus stays on disciplined execution, backed by operations and upkeep capabilities and operational effectivity, whereas persevering with to create worth within the evolving renewable vitality panorama.
(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t characterize the views of The Financial Occasions)
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