Waaree Renewable Technologies Reports Q3 Profit Growth, Secures Rs 103 Crore Solar Project

Waaree Renewable Technologies Ltd reported a net profit of Rs 120.19 crore in the December quarter, more than doubling from Rs 53.48 crore a year earlier, driven by a 136% increase in revenue to Rs 851.06 crore. The company secured a Rs 102.75 crore order to develop a 25MWac (35MWp) solar project with 50MW evacuation infrastructure, scheduled for completion in the 2026-27 fiscal year. Its unexecuted order book stands at 2.92 GWp, with plans to invest in a 120 MWp solar park in Maharashtra.