News

Waaree Renewable Technologies has signed turnkey contract with Waaree Forever Energies for the execution of Engineering, Procurement and Construction (EPC) works for 350MW/1400MWh BESS order with two years of operation and maintenance services.

Net profit of Waaree Renewable Technologies rose 66.02% to Rs 155.74 crore in the quarter ended March 2026 as against Rs 93.81 crore during the previous quarter ended March 2025. Sales rose 131.31% to Rs 1102.40 crore in the quarter ended March 2026 as against Rs 476.58 crore during the previous quarter ended March 2025.For the full year,net profit rose 108.89% to Rs 478.70 crore in the year ended March 2026 as against Rs 229.16 crore during the previous year ended March 2025. Sales rose 108.51% to Rs 3331.42 crore in the year ended March 2026 as against Rs 1597.75 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1102.40476.58 131 3331.421597.75 109 OPM %18.7626.51 -19.2419.46 - PBDT210.18126.81 66 648.23310.87 109 PBT208.09125.19 66 639.61304.50 110 NP155.7493.81 66 478.70229.16 109 Powered by Capital Market - Live News

Waaree Renewable Techs. will hold a meeting of the Board of Directors of the Company on 16 April 2026.

Waaree Renewable Technologies has signed contract for the execution of Engineering, Procurement and Construction (EPC) works of Ground Mount Solar PV Plant of 300MWac/420MWp. Powered by Capital Market - Live News

 The board of Waaree Renewable Technologies at its adjourned meeting held on 26 January 2026, has, inter alia, considered and approved to enter into a binding term sheet for acquisition of ~55% of the stake in the equity share capital of Associated Power Structures (ASPL) for a total consideration of Rs 1,225 crore mix of primary & secondary, subject to completion of due diligence and customary closing conditions. Associated power Structures established in 1996, is in the business of Power transmission and distribution into infrastructure sector. Further, pursuant to the above acquisition of shares, Associated Power Structures will become a subsidiary of the Company. Powered by Capital Market - Live News