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Waaree Earnings: Can Expansion Beat Cost Woes?
29 Jul
Summary
- Waaree's Q1 FY27 results due July 29 amid cost pressures.
- Investors watch for execution, capacity expansion impact.
- Previous quarter saw revenue and profit surge significantly.
Waaree Energies will announce its first-quarter FY27 financial results on July 29. The Board of Directors will convene to approve the unaudited standalone and consolidated results for the quarter ending June 30. Investors will be closely monitoring the company's performance, particularly concerning its ability to offset higher raw material and freight expenses through robust execution and strategic capacity expansions.
Key factors for investors to watch include gross and operating EBITDA margins, the ramp-up progress of its 10 GW integrated Nagpur ingot/wafer plant, and milestones for the US 4.2 GW module facility. Management's commentary on demand trends, order execution, and the outlook for the remainder of FY27 will also be crucial. The company reported a significant surge in its Q4 FY26 results, with consolidated revenue rising 111.8% year-on-year and net profit increasing by 74.8% YoY.
A meeting of the Board of Directors is scheduled for July 29 to consider and approve the unaudited financial results for the quarter ending June 30. The company had previously recommended a final dividend of Rs 2 per equity share for FY26, pending shareholder approval. Waaree Energies will host an earnings call on July 30 at 11 a.m. to discuss these results.
