Waaree Energies Limited , a leading player in the solar energy sector, has reported robust financial performance for the first quarter of fiscal year 2026 and announced significant expansion plans.

Strong Q1FY26 Financial Performance

Waaree Energies reported impressive financial results for the quarter ended June 30, 2025:

Major Manufacturing Expansion

In a significant move to bolster its manufacturing capabilities, Waaree Energies' Board of Directors has approved additional capital expenditure of ₹2,754.00 crore for expanding production facilities. The expansion plans include:

1. A 4 GW cell plant in Gujarat
2. A 4 GW ingot-wafer plant in Maharashtra

Currently, the company's manufacturing capacity stands at 15 GW for modules and 5.4 GW for cells.

Investor Meeting and Future Guidance

Waaree Energies has scheduled an analysts and institutional investors meeting on July 30, 2025, to present the quarterly results ended June 30, 2025. The management has provided FY26 EBITDA guidance in the range of ₹5,500.00-6,000.00 crores.

Outlook

Waaree Energies' strong Q1FY26 performance and ambitious expansion plans reflect the company's confidence in the growing demand for solar energy solutions. The significant investments in new manufacturing facilities are expected to strengthen the company's position in the market and support its long-term growth strategy.

As the renewable energy sector continues to gain momentum, Waaree Energies appears well-positioned to capitalize on the opportunities in the solar market, both domestically and internationally.

Waaree Energies , India's largest solar module manufacturer, is set to reveal its financial performance for the first quarter of fiscal year 2026. The company has announced that its Board of Directors will meet on July 28 to consider and approve the standalone and consolidated unaudited financial results for Q1 FY26.

Earnings Call Details

Following the results announcement, Waaree Energies has scheduled an earnings call for analysts and investors on July 30 at 4:30 p.m. IST. This call will provide an opportunity for stakeholders to gain insights into the company's performance and future outlook.

Trading Window Closure

In compliance with regulatory requirements, the trading window for designated persons remains closed from July 1 until 48 hours after the declaration of results. This measure ensures fair trading practices and prevents insider trading.

Previous Quarter Performance

For context, in the previous quarter (Q4 FY25), Waaree Energies reported impressive financial results:

Stock Performance

Waaree Energies' shares closed at ₹3,190.10 on Friday, marking a 1.62% decrease. However, the stock has shown strong performance over longer periods:

• 6-month gain: 45.26%
• Year-to-date gain: 11.46%

Investors and analysts will be keenly watching the upcoming Q1 FY26 results to gauge the company's continued growth trajectory in the dynamic solar energy sector.

About Waaree Energies

Waaree Energies stands as India's largest solar module manufacturer, operating five manufacturing facilities. The company's strong presence in the renewable energy sector positions it as a key player in India's growing solar industry.