Waaree Renewable Technologies Posts Strong Q4 Results: Revenue of ₹4.77 Billion, Net Profit Hits ₹938 Million

Mumbai, April 16, 2025 – Waaree Renewable Technologies Ltd, India's leading solar energy company, posted robust growth in the quarter ending March 2025, with consolidated revenue from operations at ₹4.77 billion and consolidated net profit of ₹938.1 million. The robust growth reflects Waaree's operating efficiency and increased adoption of renewable energy solutions.

 

Key Highlights:

 

Revenue Growth

Waaree Renewable Technologies posted a strong quarter with ₹4.77 billion consolidated operational revenue, evidence of strong execution of solar projects and volume growth in solar modules and EPC solutions sales.

 

Profit Rise:

Net profit in Q4 stood at ₹938.1 million, a significant year-on-year increase. Strong margins and effective cost control helped drive the bottom line.

 

Big Order Book:

The company has enjoyed a robust order pipeline, fueled by increasing uptake of solar power in industrial, commercial, and government segments as India ramps up its transition to clean energy.

 

Market Position:

Waaree continues to consolidate its leadership in the Indian renewable market, using its technology, project management capabilities, and robust client relationships both locally and globally.

 

Sustainability Focus:

The performance is a testament to Waaree's increasing role in abetting India's renewable energy ambitions, with the company continuously increasing capacity and ingenuity in solar solutions.

 

Leadership Insights:

Waaree spokesperson said,

"Our robust Q4 performance demonstrates the trust that the market places in Waaree's capabilities. We continue to be committed to spearheading India's green energy revolution and creating sustainable value for our stakeholders."

 

Outlook:

With strong financials and increasing opportunities, Waaree Renewable Technologies is well set to sustain growth as solar and clean energy solution demand quickens.

 

Source: Company earnings announcement, stock exchange filings, April 16, 2025.