Waa Solar FY26 Net Profit at Rs 64.98 Lakh

Waa Solar Limited announced that its board of directors approved the standalone and consolidated audited financial results for the year ended March 31, 2026. The meeting, convened on May 19, 2026, also took on record the standalone and consolidated audited financial statements for the same period, along with the auditors' report.

For the financial year ended March 31, 2026, the company reported a consolidated net profit of Rs 64.98 lakh, a significant decrease from Rs 697.31 lakh in the previous year. Total revenue from operations for the consolidated entity stood at Rs 2,777.12 lakh, compared to Rs 2,824.61 lakh in the prior year. On a standalone basis, the company reported a net loss of Rs 46.08 lakh for the year, against a net profit of Rs 121.83 lakh in FY25. Revenue from operations was Rs 2,717.30 lakh, slightly lower than the Rs 2,765.08 lakh recorded in the previous year.

The board approved the appointment of M/s. JCH & Associates, Chartered Accountants, as the statutory auditors for the audit of the standalone and consolidated financial results. The firm issued an audit report with an unmodified opinion. Additionally, the board appointed M/s. Samrat Mewada & Associates, Chartered Accountants, as internal auditors and Mr. Mitesh Suvagiya as the cost auditor for F.Y. 2026-27.

Financial Performance for FY26

The following table outlines the key financial metrics for the year ended March 31, 2026:

Metric	Standalone FY26 (Rs in Lakh)	Standalone FY25 (Rs in Lakh)	Consolidated FY26 (Rs in Lakh)	Consolidated FY25 (Rs in Lakh)
Total Revenue from Operations	2,717.30	2,765.08	2,777.12	2,824.61
Total Expenses	2,978.08	2,901.04	3,028.42	2,690.86
Net Profit / (Loss) for the period	(46.08)	121.83	64.98	697.31

The board meeting commenced at 03:00 P.M. and concluded at 07:00 P.M. on May 19, 2026. Other approvals related to the normal course of business were also taken on record during the meeting.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.02%	-1.95%	+5.39%	+3.95%	-33.43%	+38.19%

Waa Solar Limited has notified BSE Limited of an upcoming Board of Directors meeting, scheduled for Tuesday, May 19, 2026, at its registered office located at Madhav House, Nr. Panchratna Building, Subhanpura, Vadodara – 390 023. The intimation was filed on May 11, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board meeting has been convened to consider, adopt, approve, and take on record the Standalone and Consolidated Audited Financial Results of the company for the half year and year ended March 31, 2026, in accordance with Regulation 33 of the Listing Regulations. The Auditor's Report will also be tabled at the meeting, along with any other business to be transacted with the permission of the Chair.

Key details of the scheduled board meeting are summarised below:

Parameter:	Details
Meeting Date:	Tuesday, May 19, 2026
Venue:	Madhav House, Nr. Panchratna Building, Subhanpura, Vadodara – 390 023
Regulatory Reference:	Regulation 29, SEBI (LODR) Regulations, 2015
Agenda:	Standalone and Consolidated Audited Financial Results
Period Under Review:	Half year and year ended March 31, 2026
Additional Agenda:	Auditor's Report and other business with Chair's permission

Trading Window Closure

In continuation of the company's earlier intimation dated March 27, 2026, the trading window for dealing in the securities of Waa Solar Limited by Designated Persons and their Immediate Relatives has been closed effective Wednesday, April 01, 2026. The trading window will remain closed until 48 hours after the announcement or declaration of the Audited Financial Results for the half year and year ended March 31, 2026.

The intimation has been signed by Mansi Heda, Company Secretary and Compliance Officer (M. No.: A75626), on behalf of Waa Solar Limited. The company has also stated that the above information will be made available on its official website at https://waasolar.in/ir/announcements.html .