What were Waaree Energies' Q3 FY26 financial highlights?

Waaree Energies reported an 118.35% year-over-year increase in net profit to ₹1,106.79 crore and revenue growth of 118.81% to ₹7,565.05 crore for Q3 FY26.

How much module and cell production did Waaree achieve in Q3 FY26?

In Q3 FY26, Waaree achieved 3.51 GW of module production and 0.75 GW of cell production.

What is Waaree Energies' current order book value?

Waaree Energies has secured a substantial order book of approximately ₹60,000 Crores.

Home / Business and Economy / Waaree Energies Soars 10% on Record Q3 Profit

Waaree Energies Soars 10% on Record Q3 Profit

22 Jan

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Summary

Net profit surged 118.35% to ₹1,106.79 crore in Q3 FY26.
Revenue from operations grew 118.81% to ₹7,565.05 crore.
Company achieved 3.51 GW module and 0.75 GW cell production.

Waaree Energies Soars 10% on Record Q3 Profit

Waaree Energies' share price surged by 10% after the company announced its Q3 FY26 financial results. The renewable energy firm posted a net profit of ₹1,106.79 crore for the December quarter, an 118.35% increase compared to the same period last year. Revenue from operations also saw substantial growth, soaring by 118.81% to ₹7,565.05 crore.

The company demonstrated robust operational achievements, producing 3.51 GW of solar modules and 0.75 GW of cells in Q3 FY26. This strong performance is further supported by the recent commissioning of new manufacturing facilities in Gujarat, enhancing its production capacity.

Waaree Energies also announced a significant capital expenditure plan, raising ₹1,003 Crores for a 20 GWh advanced lithium-ion cell and battery pack manufacturing plant. Furthermore, its strategic investment in United Solar Holding Inc. in Oman aims to secure a traceable supply chain and expand its global manufacturing footprint.