Waaree Energies to Announce Q2 FY26 Results, Consider Interim Dividend

1 min read     Updated on 15 Oct 2025, 10:43 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Waaree Energies Ltd, a solar module manufacturer, will release its Q2 and H1 FY26 unaudited financial results on October 16, 2025. The Board will also consider an interim dividend for FY 2025-26. An analyst call is scheduled for October 17, 2025. The company's stock has shown strong performance with a 59.79% gain over 6 months, currently trading at ₹3,584.00 on NSE.

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*this image is generated using AI for illustrative purposes only.

Waaree Energies Ltd, a prominent solar module manufacturer, is set to unveil its financial performance for the second quarter of fiscal year 2026. The company has scheduled the release of its unaudited financial results for the quarter ended September 30, 2025, on October 16, 2025.

Key Highlights

  • Results Announcement: The Board of Directors will review both standalone and consolidated results for Q2 and H1 FY26 on October 16, 2025.
  • Dividend Consideration: The board will also consider proposing an interim dividend for FY 2025-26.
  • Analyst Call: A conference call for analysts and investors is scheduled for October 17, 2025, at 12:30 PM IST.
  • Trading Window: The trading window for directors and key personnel remains closed from October 1 until 48 hours after the results declaration.

Stock Performance

Waaree Energies' stock has shown significant momentum recently:

Metric Performance
5-Day Gain 6.53%
6-Month Gain 59.79%
Current Stock Price (NSE) ₹3,584.00
Daily Change +2.86%

Conference Call Details

For those interested in gaining deeper insights into the company's performance, Waaree Energies will host a conference call with the following key participants:

  • Mr. Amit Paithankar (Whole Time Director & CEO)
  • Ms. Sonal Shrivastava (Chief Financial Officer)
  • Mr. Abhishek Pareek (Group Head - Finance)
  • Mr. Neeraj Vinayak (Vice President – Investor Relations)
  • Mr. Rohit Wade (General Manager - Investor Relations)

Investors and analysts can access the call using the universal dial-in numbers: +91 22 6280 1550 or +91 22 7115 8378. International toll-free numbers are also available for participants from Hong Kong, UK, Singapore, and the USA.

The upcoming financial results and potential interim dividend announcement could provide valuable insights into Waaree Energies' operational performance and shareholder returns. Investors and market watchers will be keen to see how the company has navigated the dynamic solar energy sector in the past quarter and its outlook for the remainder of the fiscal year.

Historical Stock Returns for Waaree Energies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%+8.49%+0.35%+55.68%+54.62%+54.62%
Waaree Energies
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Waaree Energies' Success Propels Doshi Siblings to Forbes India Rich List

1 min read     Updated on 14 Oct 2025, 02:40 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Waaree Energies, India's largest solar module manufacturer, has elevated the Doshi siblings to the 37th rank on the Forbes India Rich List with a collective wealth of $7.40 billion. The company's strong market performance, including a 70% premium listing and over 50% post-listing gain, has driven this wealth accumulation. Waaree reported a 89% year-on-year increase in consolidated net profit to ₹745 crore and a 30% rise in revenue to ₹4,426 crore in Q1. With an installed capacity of 13.3 GW, the company plans further expansion with approved capex of ₹2,754 crore for cell and ingot-wafer capacity increases. Recent corporate developments include investment in a subsidiary and plans for private placement to facilitate business expansion.

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*this image is generated using AI for illustrative purposes only.

Waaree Energies , India's largest solar module manufacturer, has catapulted the Doshi siblings - Hitesh, Kirit, Pankaj, and Viren - to the 37th rank on the Forbes India Rich List. The family's collective wealth now stands at an impressive $7.40 billion, marking a significant milestone in their entrepreneurial journey.

Company Performance and Market Success

Waaree Energies, founded in 1990, has shown remarkable growth since its public listing. The company's shares made a strong debut, listing at a 70% premium to the issue price and subsequently gaining over 50% post-listing. This stellar market performance has been a key driver in the Doshi family's wealth accumulation.

Financial Highlights

The company's financial results for the first quarter showcase its robust performance:

Metric Value (₹ crore) Year-on-Year Growth
Consolidated Net Profit 745 89%
Revenue 4,426 30%

The company also achieved a record high quarterly module production of 2.3 GW.

Operational Strength and Expansion Plans

Waaree Energies has established itself as a leader in the solar energy sector:

  • Installed Capacity: 13.3 GW, making it India's largest solar module manufacturer
  • Operational Facilities: Spread across Gujarat, Noida, and the USA
  • Expansion Plans: Approved additional capex of ₹2,754 crore for:
    • 4 GW cell capacity expansion in Gujarat
    • 4 GW Ingot-wafer capacity expansion in Maharashtra

Recent Corporate Developments

According to the latest LODR data, Waaree Energies has made significant moves to strengthen its market position:

  1. Subsidiary Investment: The company has entered into a Share Subscription cum Shareholder's Agreement (SSSHA) with its wholly-owned subsidiary, Waaree Energy Storage Solutions Private Limited (WESSPL).

  2. Private Placement: WESSPL is set to offer equity shares to investors, potentially diluting up to 10.07% of its share capital. This move is aimed at facilitating capital infusion for business expansion.

  3. Upcoming Financial Results: The Board of Directors is scheduled to meet to consider and approve the unaudited financial results for the quarter and half-year. They will also discuss the possibility of an interim dividend.

Waaree Energies' success story, highlighted by its strong market performance and expansion plans, reflects the growing importance of renewable energy in India's industrial landscape. As the company continues to scale, it not only cements the Doshi siblings' position among India's wealthiest but also contributes significantly to the country's green energy capabilities.

Historical Stock Returns for Waaree Energies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%+8.49%+0.35%+55.68%+54.62%+54.62%
Waaree Energies
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