💡 FY26 revenue and PAT more than doubled YoY with strong order book visibility.
What Happened
Waaree Renewable Technologies Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company reported stellar performance with both revenue and profitability more than doubling compared to the previous year. Revenue from operations for FY26 stood at ₹3,331.42 crores, representing a growth of 108.51% year-over-year, while Profit After Tax (PAT) reached ₹478.65 crores, growing 109.09% YoY.
Key Details
- Company: Waaree Renewable Technologies Limited
- Event Type: Earnings
- Filing Date: 16-Apr-2026 20:17:13
- NSE Filing: View Document
Why It Matters
This earnings announcement demonstrates exceptional growth momentum for Waaree Renewable Technologies, with both top-line and bottom-line metrics showing more than 100% year-over-year improvement. The company also highlighted a strong unexecuted order book of 2.83 GWp slated for execution over the next 12-15 months, providing clear visibility for future revenue. The robust performance comes amid strong growth in India's solar energy sector, where solar accounted for approximately 82% of total renewable capacity additions in FY26. The company's expansion into Battery Energy Storage Systems (BESS) and data centers further diversifies its business model and growth opportunities in the evolving renewable energy landscape.
Disclaimer: This is publicly available information sourced from NSE. Not investment advice.
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