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Waaree Renewable Q3FY26 Revenue Surges 136% to ₹851 Cr, PAT Jumps 125%

Waaree Renewable Technologies Limited

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January 14, 2026, 03:14 PM

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Waaree Renewable Technologies Limited (WRTL) announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing significant growth.

For the third quarter of FY26, the company reported a consolidated revenue from operations of ₹851.06 crore, a substantial increase of 136.18% compared to ₹360.35 crore in Q3FY25. EBITDA for the quarter stood at ₹158.80 crore, up 120.79% YoY, while Profit After Tax (PAT) grew by 124.74% YoY to ₹120.19 crore.

In the first nine months of FY26 (9MFY26), WRTL's revenue reached ₹2,229.03 crore, an increase of 98.81% YoY from ₹1,121.17 crore in 9MFY25. The company's PAT for 9MFY26 was ₹322.93 crore, marking a growth of 138.92% YoY. The unexecuted order book remains strong at 2.92 GWp, expected to be executed within 12-15 months, with a bidding pipeline of approximately 29 GWp.

The company also approved a capex budget for setting up a 120 MWp Solar Power Park in Buldhana, Maharashtra. Mr. Manmohan Sharma, CFO, highlighted the company's execution excellence, financial discipline, and robust operating model, emphasizing WRTL's position to deliver large-scale solar projects and ensure long-term performance through integrated O&M services. He also mentioned a focus on operational efficiency and prudent capital allocation to maintain healthy cashflows and strong governance.

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