Waaree Technologies Limited narrowed its net loss to ₹417.84 lakh for the financial year ended March 31, 2026, from ₹565.00 lakh in the previous year. Revenue from operations declined to ₹713.24 lakh from ₹1,023.57 lakh in FY25. The board approved the audited financial results for the half-year and year ended March 31, 2026, at a meeting held on May 29, 2026, under Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The statutory auditor, M/s R T Jain & Co. LLP, issued an unmodified opinion on the financial results. Rushabh Pankaj Doshi, Chief Financial Officer, provided the necessary declaration confirming the auditor's report. The company disclosed that the trading window for designated persons, closed since April 01, 2026, will reopen on June 01, 2026, in compliance with the SEBI Prohibition of Insider Trading Regulations, 2015.

Financial Performance for FY26

Total expenditure for the year stood at ₹1,300.95 lakh, compared to ₹1,798.36 lakh in the previous year. Key expense heads included employee benefit expenses of ₹173.78 lakh and finance costs of ₹59.91 lakh. The basic and diluted earnings per share (EPS) for the year was a loss of ₹3.88, compared to a loss of ₹5.25 in the prior year.

Assets and Liabilities

As of March 31, 2026, total assets decreased to ₹1,779.44 lakh from ₹1,949.87 lakh in the previous year. Shareholder's funds turned negative at ₹(608.79) lakh, compared to ₹(190.96) lakh in FY25. Current liabilities increased to ₹989.91 lakh from ₹759.62 lakh, driven by higher short-term borrowings of ₹726.58 lakh. Cash and bank balances improved to ₹226.63 lakh from ₹196.17 lakh in the prior year.

Waaree Technologies Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed the Certificate under Regulation 74(5) on April 14, 2026, through Company Secretary and Compliance Officer Vibhor Kumawat. The submission was made to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, referencing the company's scrip code 539337.

Registrar Confirmation Certificate

MUFG Intime India Pvt. Ltd. (formerly Link Intime India Private Limited), serving as the company's Registrar and Transfer Agent, issued the confirmation certificate on April 3, 2026. The certificate confirms compliance with dematerialization procedures during the quarter ended March 31, 2026.

The registrar confirmed that securities received from depository participants for dematerialization were properly processed and confirmed to depositories within prescribed timelines. All security certificates received for dematerialization were duly verified, mutilated, and cancelled by the depository participant.

Key Compliance Confirmations

The certificate validates several critical compliance aspects:

• Securities received for dematerialization were confirmed or rejected to depositories as required
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates were mutilated and cancelled after proper verification
• Depository names were substituted in the register of members as registered owners within prescribed timelines

Corporate Information

Waaree Technologies Limited operates from its registered office at 602, Western Edge-I, Western Express Highway, Borivali (E), Mumbai - 400066. The company maintains its corporate registry services through MUFG Intime India Private Limited, which operates from C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083.

This quarterly compliance filing demonstrates the company's adherence to SEBI regulations governing depositories and participants, ensuring proper handling of dematerialized securities and maintaining transparency with regulatory authorities.