Waaree Renewable Shares In Focus: Company's Q2 Net Profit More Than Doubles To Rs 116 Crore

Waaree Renewable Technologies Q2 Results: Shares of Waaree Renewable Technologies have come in focus as the company has posted impressive Q2 results. Its consolidated net profit more than doubled to Rs 116.34 crore during the July-September 2025 quarter on the back of higher revenues.

The company had logged a consolidated net profit of Rs 53.51 crore in the quarter ended September 30, 2024, according to a BSE filing.

The company recorded its highest-ever quarterly revenue and PAT (net profit), driven by robust execution, strong sectoral tailwinds, and continued expansion into new energy verticals, including Battery Energy Storage Systems and data centres.

The revenue stood at Rs 774.78 crore as against Rs 524.47 crore in Q2 FY25, delivering a growth

of 47.73 per cent.

The company’s unexecuted order book stands at 3.48 GWp, to be executed over the next 12–15 months, while its bidding pipeline remains robust at 27+ GWp, it stated.

The board on Friday approved capex budget for setting up 28 MWp IPP solar power plants (14 MWp each) at two locations in Maharashtra.

The board also approved capex budget for 37.5 MWp IPP solar power plant at Bikaner, Rajasthan.

As a subsidiary of Waaree Energies Ltd, Waaree Renewable finances, constructs, owns, and operates solar projects across geographies for commercial and industrial customers, supporting India’s transition to sustainable energy.​

Waaree Renewable Share Price

Shares of Waaree Renewable Technologies on Friday rose 2.04% to Rs 1,133 apiece on the NSE. The stock has jumped over 7.3% in the past week. Also, it is up by over 28% since April 9, 2025, when the company was listed on the exchanges.