- Waaree Energies' Q1 net profit rose 14% to Rs 850 crore year-on-year
- Revenue increased 79% to Rs 7,932 crore in the June quarter
- EBITDA grew 44% to Rs 1,440 crore but margin declined to 18.2%
Waaree Energies Ltd.'s net profit for the first quarter of financial year 2027 rose 14% year-on-year, according to an exchange filing on Wednesday.
The company posted a consolidated bottom-line of Rs 850 crore in the June quarter, as against Rs 745 crore in the year-ago period. Revenue soared 79% to Rs 7,932 crore from Rs 4,426 crore in the corresponding quarter of last fiscal year.
On the operational front, earnings before interest, taxes, depreciation and amortisation jumped sharply by 44% to Rs 1,440 crore from Rs 997 crore, but Ebitda margin narrowed to 18.2% from 22.5% in the corresponding quarter of the last fiscal.
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Waaree Energies (Q1, Consolidated YoY)
- Net profit up 14% to Rs 850 crore versus Rs 745 crore.
- Revenue up 79% to Rs 7,932 crore versus Rs 4,426 crore.
- Ebitda up 44% to Rs 1,440 crore versus Rs 997 crore.
- Margin at 18.2% versus 22.5%.
Waaree Energies Share Price
The stock settled 1.20% higher at Rs 2,726.50 apiece on the NSE on Wednesday. This compared to a 1.10% advance in the benchmark Nifty index. The share price went as high as 2.11% to Rs 2,751.20 during the day.
Waaree Energies' scrip has fallen 7.8% year-to-date, and 13.8% in the last 12 months.
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