Waaree Renewable Inks Non-Binding Deal for 100 MW EPC Project 8 days ago
Waaree Renewable Technologies Ltd has entered into a non-binding agreement with an undisclosed international entity for a 100 MW EPC (Engineering, Procurement, and Construction) renewable energy project. This potential large-scale initiative demonstrates Waaree's capability to engage in significant renewable energy projects and possibly expand its international presence. The agreement, if finalized, could represent a major business opportunity for the company and strengthen its position in the global renewable energy market.
Waaree Renewable Technologies Secures Enhanced Solar Project Order Worth ₹1,480 Crore 8 days ago
Waaree Renewable Technologies Boosts Solar Project Order Value by ₹246.92 Crore Jun 20, 2025
Waaree Renewable Technologies Secures ₹346 Crore Solar Project from CESC Jun 03, 2025
Waaree Renewable Technologies Thrives with Localized Supply Chain and Strong Order Book
Waaree Renewable Technologies Ltd. has established itself as a leader in India's renewable energy sector. The company boasts a 90% domestically sourced supply chain, mitigating import risks. With a substantial 3.2 GW order book to be executed over 12-15 months, Waaree demonstrates strong market demand. Q4 financial results show impressive growth, with net profit up 83% YoY to 93.80 and revenue increasing 74% YoY to 476.60. The company's focus aligns with India's 2030 solar capacity goals, positioning it for potential future growth in the expanding renewable energy market.
Waaree Renewable Technologies Limited (WRTL) announced impressive financial results for FY25. Consolidated revenue increased by 82.29% to ₹1,597.75 crore. Q4 net profit surged 83% to ₹93.76 crore. The company's order book stands at 3.2 GWp. WRTL expanded into Battery Energy Storage System EPC solutions and secured new solar power projects. The Board approved appointments of Sudhir Arya as Independent Director and Sunil Rathi as Executive Director.
16Apr 25
Waaree Renewable Technologies Reports Strong FY25 Performance, Appoints New CFO
Waaree Renewable Technologies Limited (WRTL) reported strong financial results for FY25 with revenue up 82.29% to ₹1,597.75 crore and net profit increasing 57.64% to ₹228.92 crore. The company's order book stands at 3.2 GWp. WRTL appointed Mr. Manmohan Sharma as the new CFO and Mr. Sudhir Arya as an Additional Director. The company has expanded into Battery Energy Storage System (BESS) EPC solutions and completed the amalgamation of its wholly-owned subsidiaries.
16Apr 25
Waaree Renewable Technologies Reports Strong FY25 Performance, Expands into BESS and Data Centres
Waaree Renewable Technologies Limited (WRTL) reported strong financial results for FY25 with revenue up 82.29% to ₹1,597.75 crore. Net profit increased by 57.64% to ₹228.92 crore. The company's unexecuted order book stands at 3.2 GWp. WRTL announced expansion into Battery Energy Storage Systems (BESS) and data centres. Recent order wins include a 255 MWp ground-mounted solar project and a 40 MWh battery storage project. CFO Manmohan Sharma highlighted the company's growth and strategic expansion into BESS EPC solutions.
Waaree Renewable Technologies Ltd. (WRTL) reported impressive financial results for Q4 and FY25. Q4 revenue increased 74.37% YoY to Rs 476.58 crore, with net profit up 82.73%. For FY25, revenue grew 82.29% to Rs 1,597.75 crore, and net profit rose 57.64%. The company commissioned 2.32 GW of projects and has an order book of 3.2 GWp. WRTL expanded into Battery Energy Storage Systems (BESS) and is well-positioned to capitalize on India's renewable energy targets.
Waaree Renewable Technologies will announce its Q4 and FY25 financial results on April 16, 2025, followed by an investor call on April 17. The company's trading window for insiders will be closed from April 1, 2025, until 48 hours after the results declaration. This announcement comes after a 16.70% decrease in net profit reported in Q3 FY25.
Waaree Renewable Technologies Limited (WAAREERTL) has been awarded a Letter of Award for a 170 MW AC / 255 MW DC ground-mount solar power project. The Engineering, Procurement and Construction (EPC) contract, valued at approximately ₹262.00 crore, includes Operation and Maintenance services. The project, awarded by parent company Waaree Energies Limited, is set to be completed in FY 2025-26. This related party transaction has positively impacted WAAREERTL's share price, which rose by over 5% following the announcement.