Waaree Renewable Reports Q3 Profit Surge; Sterling and Wilson Sees Recovery, Raises Order Guidance

Waaree Renewable Technologies reported a 125% year-on-year rise in Q3 FY26 net profit to Rs 120.19 crore, driven by a 136% increase in revenue to Rs 851.06 crore. Its unexecuted order book stands at 2.92 GWp, with plans for a 120 MWp solar park in Maharashtra. Meanwhile, Sterling and Wilson Renewable Energy posted a Q3 net profit of Rs 2 crore, down from Rs 17 crore a year earlier, but showed sequential recovery from a prior loss. Sterling and Wilson raised its FY26 order inflow guidance to over Rs 11,000 crore amid strong new orders.