Waaree’s Q4 Power Play: Profit Soars, Revenues Rocket—Is This India’s New Solar Titan?

Waaree Energies Ltd has powered the markets with its best-ever quarterly performance, posting a 34% year-on-year increase in Q4 net profit at ₹619 crore and a strong 36% rise in revenue at ₹4,004 crore. The solar panel behemoth's EBITDA doubled, rising 120% to ₹923 crore, with margins widening to 23% from 14.3% last year—a reflection of operational efficiency and scale.

 

Key Highlights:

Shares closed close to 7% higher post-results, with investors applauding Waaree's strong growth path and aggressive expansion plans.

 

Source: CNBC-TV18, Upstox, The Hindu BusinessLine